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ANTONII [103]
3 years ago
5

Twenty five vendors are selling at an event, and an attendance of 80,000 is projected. It is anticipated that 70% of attendees w

ill make purchases. Assuming that each vendor has an equal chance of having an attendee purchase their products, what is the average number of customers each will serve?
Business
1 answer:
andriy [413]3 years ago
6 0

Answer:

2,240

Explanation:

The total number of projected attendance is 80,000. If 705 will make purchases. It means 70% of 80,000 will buy.

=70/100 x 80,000

=0.7 x 80,000

=56,000 attendants will buy

If they are 25 vendors, each vendor will sell to

=56,000/25

=2,240

on average, each vendor will sell to 2,240 customers

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