of Sport-Equip Ltd, a company that sells sports equipment. Some of the users
who visit the website end up buying sports equipment from the website while others are
simply browsing in order to obtain product information.
(a) Clearly explain and justify which probability distribution you would use to
describe the number of Internet users who visit the website of Sport-Equip Ltd
in a one hour period. [There is no need to calculate any probabilities for this part
of the question]
(b) What is the probability that during any half-hour period, there will be less than 3
visitors to the website?
(c) What is the probability that during any two-hour period, there will be more than
15 visitors to the website?
(d) If a user has just visited the website, find the probability that the website will
have another visitor within the next 10 minutes. In your answer, state the
probability distribution you have used and explain your choice.
(e) It is estimated that 40% of Internet users who visit Sport-Equip Ltd’s website
buy a product from the company. If 100 users visit the website over a given
period of time, find the probability that more than 50 of them will buy a product
from the company. In your answer, state the probability distribution you have
used and explain your choice
e a look at this spreadsheet so I can properly explain:
Ok, so for the sake of simplicity We'll just go with row two here. Cell A2 represents the hours worked freelancing, where B2 is for the minutes of the recorded time frame. C2 is the net amount earned in that time. Over in cell N10 I need to figure out an equation using the =SUM() function (treats it as a normal math problem) where it prints the hourly income based on those three integers. I'll admit i was never great at math, but in my defense I've been up since 6 am yesterday (currently 3 pm) and have been running solely on caffiene and nicotine haha... The sheet is editable and I can see any changes you make in realtime. Is there any way you could help me out on this one? It's for a work report type thing.