A manager at 24/7 Fitness Center is strategic about contacting open house attendees. With her strategy, she

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A manager at 24/7 Fitness Center is strategic about contacting open house attendees. With her strategy, she believes that 40% of the attendees she contacts will purchase a club membership. Suppose she contacts 20 open house attendees. 

a. What is the probability that exactly 10 of the attendees will purchase a club membership? 

b. What is the probability that no more than 10 of the attendees will purchase a club membership? 

c. What is the probability that at least 15 of the attendees will purchase a club membership?

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Business Analytics Communicating With Numbers

ISBN: 9781260785005

1st Edition

Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen

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