2023 Not all visitors to a certain company s website are customers In fact the website administrator estimates that about 8 | Assignments Online

2023 Not all visitors to a certain company s website are customers In fact the website administrator estimates that about 8 | Assignments Online

Assignments Online 2023 Business Finance

  

Not all visitors to a certain company’s website are customers. In fact, the website administrator estimates that about

8%

of all visitors to the website are looking for other websites. Assuming that this estimate is correct, find the probability that, in a random sample of

5

visitors to the website, exactly

3

actually are looking for the website.

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