Solution-Suppose that 98 of the customers in your market

Suppose that 98 of the customers in your market do have

Reference no: EM13578785

In his management information systems textbook, Professor David Kroenke raises an interesting point:"If 98% of our market has Internet access, do we have a responsibility to provide non-Internet materials to that other 2%? Suppose that 98% of the customers in your market do have Internet access, and you select a random sample of 500 customers. What is the probability that the sample has:

a. Greater than 99% of the customers with internet access?

b. Between 97% and 99% of the customers with Internet access?

c. Fewer than 97% of the customers with Internet access?

Reference no: EM13578785

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Suppose that 98 of the customers in your market do have

Reference no: EM13578785

Reference no: EM13578785

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