Math Problem Statement

Suppose that on average 2.5% of visitors to your website sign up for your newsletter. In a recent week, 2701 visitors out of a total of 108879 signed up. Using a binomial distribution. What is the probability that number of visitors who signed up is 2701 or fewer? Status: [object Object] 1 point

A. 0.125

B. 0.346

C. 0.414

D. 0.007

E. 0.015

Solution

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Math Problem Analysis

Mathematical Concepts

Binomial Distribution
Normal Approximation
Probability

Formulas

P(X ≤ k) = ∑ (n choose x) * p^x * (1-p)^(n-x)
Z = (X - μ) / σ
μ = n * p
σ = √(n * p * (1 - p))

Theorems

Central Limit Theorem
Normal Approximation to Binomial Distribution

Suitable Grade Level

Undergraduate Level (Statistics)