Question 24 • Concepts in Probability and Statistics A
Tyler believes that an 8-sided die can be used to predict whether customers at his store will use a coupon when making their purchases, with a roll of 1 indicating a coupon and all other outcomes indicating no coupon. Today, 4 of the first 48 customers in the store used a coupon. How does the experimental probability of a customer using a coupon compare to the theoretical probability of Tyler’s die?
Answer
A
The experimental probability is greater than the theoretical probability by more than 2%.
B
The experimental probability is less than the theoretical probability by more than 2%.
C
The experimental probability is greater than the theoretical probability, but within 2%.
D
The experimental probability is less than the theoretical probability, but within 2%.