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

User Cwiggo
by
7.0k points

1 Answer

10 votes

Answer:

Mean= 8.3

Standard deviation=7.8

Explanation:

User Chachi
by
6.7k points
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