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book Understanding Basic Statistics 6th Edition by Charles Henry Brase,Corrinne Pellillo Brase cover

Understanding Basic Statistics 6th Edition by Charles Henry Brase,Corrinne Pellillo Brase

Edition 6ISBN: 978-1111827021
book Understanding Basic Statistics 6th Edition by Charles Henry Brase,Corrinne Pellillo Brase cover

Understanding Basic Statistics 6th Edition by Charles Henry Brase,Corrinne Pellillo Brase

Edition 6ISBN: 978-1111827021
Exercise 20
Business: Customers John runs a computer software store. Yesterday he counted 127 people who walked by his store, 58 of whom came into the store. Of the 58, only 25 bought something in the store.
(a) Estimate the probability that a person who walks by the store will enter the store. (Round your answer to two decimal places.)
(b) Estimate the probability that a person who walks into the store will buy something. (Round your answer to two decimal places.)
(c) Estimate the probability that a person who walks by the store will come in and buy something. (Round your answer to two decimal places.)
(d) Estimate the probability that a person who comes into the store will buy nothing. (Round your answer to two decimal places.)
Explanation
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To estimate the probabilities, use the f...

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Understanding Basic Statistics 6th Edition by Charles Henry Brase,Corrinne Pellillo Brase
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