SOLUTION: I am having trouble trying to figure out how to work this probability problem. Could anyone please help me with these? Thank you so much!
A local retail outlet found that 64 out o
Algebra.Com
Question 145278This question is from textbook
: I am having trouble trying to figure out how to work this probability problem. Could anyone please help me with these? Thank you so much!
A local retail outlet found that 64 out of a sample 133 customers purchased more than $50 in merchandise in a single trip.
a. Find the probability a randomly selected customer spent more than $50 in a single trip. (Round your answer to 3 decimal places.)
b. Determine whether the probability of error found in #5 is empirical or theoretical probability.
c. Based on these sample values, how many customers out of 2500 would be expected to spend more than $50 in a single trip? Give your answer to the nearest whole number.
~Lyn
This question is from textbook
Answer by Edwin McCravy(20055) (Show Source): You can put this solution on YOUR website!
I am having trouble trying to figure out how to work this probability problem. Could anyone please help me with these? Thank you so much!
A local retail outlet found that 64 out of a sample 133 customers purchased more than $50 in merchandise in a single trip.
a. Find the probability a randomly selected customer spent more than $50 in a single trip. (Round your answer to 3 decimal places.)
We assume
b. Determine whether the probability of error found in #5 is empirical or theoretical probability.
c. Based on these sample values, how many customers out of 2500 would be expected to spend more than $50 in a single trip? Give your answer to the nearest whole number.
Edwin
RELATED QUESTIONS
I am having trouble trying to figure out how to work this probability problem. Could... (answered by stanbon)
I am having trouble trying to figure out how to work this probability problem. Could... (answered by stanbon)
i am having trouble trying to figure out the slope for these equations can anyone help me (answered by kiljoy)
I am having a porblem trying to figure out how to work this problem please help..... (answered by checkley77)
I am having a great deal of trouble with my Algebra class. My problem is as follows:... (answered by Earlsdon,elima)
The hypotenuse is 6.I am trying to figure out b. Please help me with this... (answered by Earlsdon)
I am having so mush trouble trying to figure out first what to do with this problem, I... (answered by ewatrrr)
I am having trouble with this other question about linear equations and slope. I think I... (answered by Mathtut)
I am having trouble with a homework problem and cannot figure it out. Could someone... (answered by rfer,Earlsdon)