Question: The probability that a vehicle will change lanes while making a turn is 55%. Suppose a random sample of 7 vehicles are observed making turns

The probability that a vehicle will change lanes while making a turn is 55%. Suppose a random sample of 7 vehicles are observed making turns at a busy intersection.

(a) Find the probability that no more than 4 vehicles will change lanes while making the turn.

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1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.

4. It is only at this point that you can give the problem your full attention in relation to the various ways you have framed the problem.