A fast food chain store conducted a taste survey before marketing a new hamburger. The results of

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A fast food chain store conducted a taste survey before marketing a new hamburger. The results of the survey showed that 70% of the people who tried this hamburger liked it. Encouraged by this result, the company decided to market the new hamburger. Assume that 70% of all people like this hamburger. On a certain day, eight customers bought it for the first time.
a. Let x denote the number of customers in this sample of eight who will like this hamburger. Using the binomial probabilities table, obtain the probability distribution of x and draw a graph of the probability distribution. Determine the mean and standard deviation of x.
b. Using the probability distribution of part a, find the probability that exactly three of the eight customers will like this hamburger. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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