Question: Refer to the table in the margin for n = 8 and p = 0.381. When a car buyer is selected at random, there is
Refer to the table in the margin for n = 8 and p = 0.381. When a car buyer is selected at random, there is a 0.381 probability that he or she bought a used car (based on data from a CAA members' survey). In each case, assume that 8 buyers are randomly selected and find the indicated probability.
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Find the probability that fewer than 7 car buyers bought used cars.
P(x) 0 0.021554 10.106133 20.228640 3 0.281460 4 0.216551 5 0.106631 6 0.032816 7 0.005771 8 0.000444
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