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