The Internet has become a crucial marketing channel for business. According to a recent study, 91% of

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The Internet has become a crucial marketing channel for business. According to a recent study, 91% of retail brands use two or more social media channels for business. If a sample of 10 businesses is selected, what is the probability that:

a. 8 use two or more social media channels for business?

b. At least 8 use two or more social media channels for business?

c. At most 6 use t wo or more social media channels for business?

d. If you selected 10 businesses in a certain geographic a l area and only three u se two or more social media channels for business, what conclusion might you reach about businesses in this geographical area?

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Statistics For Managers Using Microsoft Excel

ISBN: 9780135969854

9th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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