Mean, Variance, and Standard Deviation You want to determine the probability that when seven consumers are randomly
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Mean, Variance, and Standard Deviation
You want to determine the probability that when seven consumers are randomly selected, exactly two of them are comfortable with delivery by drones. Assume that 45% of consumers are comfortable with the drones based on a Pitney Bowers survey.
- Identify the values of n, x, p, and q.
- Determine the mean and the standard deviation.
- Report the probability that exactly two consumers are comfortable with delivery of drones, P(x=2).
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