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Here is another way to phrase the question: If 18 out of 20 customers make a purchase in a shop, and three customers are selected at random, what is the probablity that all will make a purchase?
Each random customer has a 18/20 chance of being one that purchased, so the probability that all three make a purchase is 18/20*18/20*18/20=.729
What else can I help you with?
In a shop there are 20 customers 18 of whom will make a purchase If three customers are selected one at a time at random what is the probability that all will make a purchase?
18/20 x 17/19 x 16/18 = 4896/6840, or around 71.6%.
Ten thousand programs are printed for the basketball game Only one displays the winning number What is the probability that you will get the winning number if you purchase two programs?
1 over 10,000
How do people use problabilty?
People use probability to assess risk and make informed decisions in various fields, such as finance, insurance, and healthcare. It helps in predicting outcomes, such as the likelihood of an event occurring, which can guide strategies and planning. For example, businesses may use probability to forecast sales, while individuals might consider it when deciding whether to invest in stocks or purchase insurance. Additionally, probability plays a crucial role in scientific research and data analysis, allowing for conclusions to be drawn from uncertain information.
Where could someone purchase a blade micrometer?
Use-Enco or eBay offers either brand new or used but in good decent condition blade micrometers for sell, depending on the customers personal preference.
What is the difference between factoring and bill discounting?
Whereas invoice discounting is a loan secured against your outstanding invoices, invoice factoring companies actually purchase the unpaid invoices outright. ... This is an important difference because it provides factoring companies with credit control, which enables them to deal with customers directly.
In a shop there are 20 customers 18 of whom will make a purchase If three customers are selected one at a time at random what is the probability that all will make a purchase?
18/20 x 17/19 x 16/18 = 4896/6840, or around 71.6%.
Is this sentence correct customers is or are going to purchase a car?
customers are going to purchase a car
Who are McDonald's customers?
Customers are people who purchase goods from McDonald's.
Fifty customers came into the store today and only twenty-five of them made a purchase What percentage of the customers made a purchase today?
50 percent
What protects customers who purchase defective products?
A warranty.
Who are McDonald?
Customers are people who purchase goods from McDonald's.
What is the Nature of business activities?
It is to provide customers with goods and services. The customers will purchase them and then bring in money to the business.
What is nature of business activities?
It is to provide customers with goods and services. The customers will purchase them and then bring in money to the business.
What is the creation of a large computerized file of customers and potential customers profiles and purchase patterns?
Database marketing
What is prevailing market price of a product?
Tat at which customers will purchase it at.
Where can you purchase copies of Wilder quarterly online?
There are several online stores that allow customers to purchase Wilder Quarterly online. Barnes & Noble's official website allows customers to purchase books such as Wilder Quarterly at a very good price.
Do airlines offer gift cards as a purchase option for their customers?
Yes, airlines often offer gift cards as a purchase option for customers. These gift cards can be used towards the purchase of flights, upgrades, and other travel-related expenses.
