1) From past experience, a restaurant owner has determined that 40% of those who visit her restaurant...

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1) From past experience, a restaurant owner has determined that 40% of those who visit her restaurant will spend at least $125. If 8 people will visit her restaurant tomorrow, find the probability that:

Hint: The number of people who spend at least $125 has a binomial distribution.

(a) 4 will spend at least $125

(b) at least 7 will spend at least $125

Posted Date: May 17, 2024 08:01 PM

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