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In one online store, 12% of the orders are placed by new customers. Let N be the number of orders placed in a day to reach the
Question
In one online store, 12% of the orders are placed by new customers. Let N be the number of orders
placed in a day to reach the store’s first new customer. Assume each order’s customer status is
independent
Find the mean and standard deviation of N.
Round your answers to one decimal place.
Mean:
orders
Standard deviation:
orders
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2021-09-02T17:42:00+00:00
2021-09-02T17:42:00+00:00 1 Answers
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Answers ( )
Answer:
Mean= 8.3
Standard deviation=7.8
Step-by-step explanation: