Solved

A Sales Manager Has Analysed a Sample of 350 Sales

Question 33

Multiple Choice

A sales manager has analysed a sample of 350 sales transactions from the latest period. The manager wishes to investigate: how many customers made their purchase online using the internet and how many purchased by telephone. how many were new customers and how many were placing repeat orders. The following table shows the results of the analysis. 11ec37eb_8baf_d0ba_97b9_ab016a67b222__00 If the pattern of sales occurs next period, the probability of a particular sale being a repeat order placed online is closest to:


A) 0.11
B) 0.40
C) 0.16
D) 0.35

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents