Data Management
posted by Babyboo .
A store manager believes that 42% of her customers are repeat business (have visited her store within the last two weeks). Assuming she is correct, what is the probability that out of the next 500 customers, between 200 and 250 customers are repeat business?

500 x .42 = ??

562626
Respond to this Question
Similar Questions

Math
The local video store has determined that 65% of the store's customers are women. What is the probability that the next 3 customers will be women? 
statistics help
The branch manager of an outlet (Store 1) of a nationwide chain of pet supply stores wants to study characteristics of her customers. In particular, she decides to focus on two variables: the amount of money spent by customers and … 
Statistics
According to a recent survey, 75% of all customers will return to the same grocery store. Suppose 8 customers are selected at random: A) What is the probability that exactly five of the customers will return? 
stastistics
Historically, 5 percent of a mailorder firm’s repeat chargeaccount customers have an incorrect current address in the firm’s computer database. (a) What is the probability that none of the next 12 repeat customers who call will … 
statistic
A survey was made of 100 customers in a department store. 70 of the customers indicated they visited the store because of a newspaper advertisement. The remainder had not seen the ad. A total of 40 customers made purchases; of these … 
statistics
A store owner decides to put a coupon in the Sunday newspaper. The advertising firm she works believes that at least 20% but no more than 30% of people who shop at his store will use the coupon. The paper circulates 50,000 copies of … 
business statistics
A store owner decides to put a coupon in the Sunday newspaper. The advertising firm she works believes that at least 20% but no more than 30% of people who shop at his store will use the coupon. The paper circulates 50,000 copies of … 
Statistics
A department store is running a promo one Saturday by giving out coupons for $10 of free merchandise. However, onethird of customers spend $40, and onethird spend$75. The remainder of customers who come in the store do not take advantage … 
statistics
On the average five customers visit a children department store each hour. Using Poisson distribution, calculate the probability of three customers shop at the store. 
math
The manager of a retail store knows that 40% of the customers who enter the store will purchase one or more items and 60% will leave without making a purchase.what is the probability that in a sample of 10 customers,five will buy one …