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QUESTION
Customer surveys reveal that 40% of customers purchase products online versus in the physical store location.
Customer surveys reveal that 40% of customers purchase products online versus in the physical store location. Suppose that this business makes 12 sales in a given day
- Does this situation fit the parameters for a binomial distribution? Explain why or why not?
- Find the probability of the 12 sales on a given day exactly 4 are made online
- Find the probability of the 12 sales fewer than 6 are made online
- Find the probability of the 12 sales more than 8 are made online
