Estimate the number of visitors in the sample who actually are looking for the company’s website by giving the mean of the relevant distribution . Do not round your response.
Not all visitors to a certain company’s website are customers or potential customers. In fact, the company’s executives estimate that about 8% of all visitors to the website are looking for other websites. Assume that this estimate is correct and that a random sample of 40 visitors to the website is taken. Answer the following. […]