One of the leading dot-com companies has found that the proportion of customers who come into its website that actually makes a purchase is 0.045. The company plans to see whether this rate still holds by selecting a random sample of 200 hits on its Website. Given that the 0.045 rate still applies, what is the standard deviation of the sampling distribution?

One of the leading dot-com companies has found that the proportion of customers who come into its website that actually makes a purchase is 0.045. The company plans to see whether this rate still holds by selecting a random sample of 200 hits on its Website. Given that the 0.045 rate still applies, what is the standard deviation of the sampling distribution?

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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