asked 66.0k views
5 votes
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

asked
User Cwiggo
by
8.2k points

1 Answer

10 votes

Answer:

Mean= 8.3

Standard deviation=7.8

Explanation:

answered
User Chachi
by
8.1k points

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