Suppose that the likelihood that someone who logs onto a particular site in a "shopping mall on the World Wide Web will purchase an item is 0.20. If the site has, 12 people accessing it in the next minute, what is the probability that (a) (b) (c) none of the individuals will purchase an item? exactly two individuals will purchase an item? at least two individuals wil1 purchase an item?

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Boom
0.25
0.35
Find the expected return and the standard deviation
Suppose that the likelihood that someone who logs onto a particular site in a "shopping
mall on the World Wide Web will purchase an item is 0.20. If the site has, 12 people
accessing it in the next minute, what is the probability that
(a)
none of the individuals will purchase an item?
(b)
exactly two individuals will purchase an item?
(c)
at least two individuals will purchase an item?
(d)
at most two individuals will purchase an item?
(e)
more than three individuals will purchase an item?
Transcribed Image Text:Boom 0.25 0.35 Find the expected return and the standard deviation Suppose that the likelihood that someone who logs onto a particular site in a "shopping mall on the World Wide Web will purchase an item is 0.20. If the site has, 12 people accessing it in the next minute, what is the probability that (a) none of the individuals will purchase an item? (b) exactly two individuals will purchase an item? (c) at least two individuals will purchase an item? (d) at most two individuals will purchase an item? (e) more than three individuals will purchase an item?
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