Burnem Inc. manufactures thumb drives and sells them to a distributor. Burnem's total cost and total revenue (in dollars) for x
1 answer:
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Answer:
SD = 7588.09
Step-by-step explanation:
Check the distribution table attached to for the step by step solution:
The formula for the mean,
The variance ,
Standard Deviation,
SD = 7588.09
Answer:
78% probability that a randomly selected online customer does not live within 50 miles of a physical store.
Step-by-step explanation:
A probability is the number of desired outcomes divided by the number of total outcomes.
In this problem, we have that:
Total outcomes:
100 customers
Desired outcomes:
A clothing vendor estimates that 78 out of every 100 of its online customers do not live within 50 miles of one of its physical stores. So the number of desired outcomes is 78 customers.
Using this estimate, what is the probability that a randomly selected online customer does not live within 50 miles of a physical store?
78% probability that a randomly selected online customer does not live within 50 miles of a physical store.