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Of the Last 100 Customers Entering a Computer Shop, 25

question 97

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Of the last 100 customers entering a computer shop, 25 have purchased a computer. If the classical method for computing probability is used, the probability that the next customer will purchase a computer is


Definitions:

Types Of Products

Different categories or classes of goods and services offered by businesses to consumers or other businesses.

Rail Transportation

The conveyance of passengers and goods by way of wheeled vehicles running on rail tracks, distinguished from other means of transport such as by automobile, bus, or airplane.

Water Transportation

The movement of people or goods via rivers, lakes, seas, and oceans, utilizing different types of vessels for commerce, recreation, or military purposes.

Very High Capacity

Describes systems, facilities, or processes that can handle a significantly large volume of transactions, data, or throughput.

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