Thirty percent of all customers who enter a store will make a purchase. Suppose that six customers
Question:
a. Let x = the number of the six customers who will make a purchase. Write the binomial formula for this situation.
b. Use the binomial formula to calculate
(1) The probability that exactly five customers make a purchase.
(2) The probability that at least three customers make a purchase.
(3) The probability that two or fewer customers make a purchase.
(4) The probability that at least one customer makes a purchase.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Business Statistics In Practice
ISBN: 9780073401836
6th Edition
Authors: Bruce Bowerman, Richard O'Connell
Question Posted: