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

Question:

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 like it. Encouraged by this result, the company decided to market the new hamburger. Assume that 70% of all the people like this hamburger. On a certain day, eight customers bought it for the first time. Let x denote the number of customers in this sample of eight who will like this hamburger. Using binomial probability obtain the probability distribution of x.

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...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: