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Consider the Following to Answer the Question(s) Below

Question 27

Multiple Choice

Consider the following to answer the question(s) below:
The owner of a small convenience store is trying to decide whether to discontinue selling magazines. He suspects that only 5% of the customers buy magazines and thinks that he might be able to sell something more profitable. Before making a final decision, he keeps track of the number of customers who buy magazines each day. On a typical day he has 280 customers in his store.
-On a typical day, what would be the mean number of customers who buy magazines?


A) 280
B) 0
C) 266
D) 14
E) 25

Correct Answer:

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