=+customers purchase products during a visit to a website. Possible actions by the website include offering the
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=+customers purchase products during a visit to a website. Possible actions by the website include offering the customer an instant discount, offering the customer free shipping, or doing nothing. A recent experiment found that customers make purchases 6% of the time when offered the instant discount, 5% when offered free shipping, and 2% when no special offer was given. Suppose 20% of the customers are offered the discount and an additional 30% are offered free shipping.
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Business Statistics Plus Pearson Mylab Statistics With Pearson Etext
ISBN: 978-1292243726
3rd Edition
Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman
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