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    Statistics
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    Basic Statistics for Business Economics
  4. Exam
    Exam 7: Sampling Methods and the Central Limit Theorem
  5. Question
    A Convenience Store Estimates That 25% of Its Customers Come
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A Convenience Store Estimates That 25% of Its Customers Come

Question 1

Question 1

Multiple Choice

A convenience store estimates that 25% of its customers come in to buy milk. What is the probability that out of the next 200 customers, 60 or fewer will buy milk?


A) 0.4484
B) 0.9484
C) 0.0516
D) Almost no chance
E) 0.0505

Correct Answer:

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