Instruction 7.4 According to a Survey, Only 15% of Customers Who Visited

question 115

Short Answer

Instruction 7.4
According to a survey, only 15% of customers who visited the web site of a major retail store made a purchase. Random samples of size 50 are selected.
-Referring to Instruction 7.4,what proportion of the samples will have less than 15% of customers who will make a purchase after visiting the web site?

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Definitions:

High-level Source Program

A program written in a high-level programming language which is easier for humans to understand and must be translated into machine code by a compiler or interpreter.

Interpreter

An Interpreter is a program that directly executes instructions written in a programming or scripting language without requiring them to have been compiled into machine-language code.

Translates

In computing, translates generally refers to the process of converting code from one form or language to another, such as from high-level code to machine code.

Executes

In computing, to run or carry out a command, program, or instruction by the system's processor.