Suppose that past history shows that 60% of college students prefer Brand C cola. A sample of

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Suppose that past history shows that 60% of college students prefer Brand C cola. A sample of 5 students is to be selected.

1). The probability that exactly one prefers brand C is ________.

2). The probability that at least one prefers brand C is ________.

3). The probability that more than three prefer brand C is ________.

4). The average number that you would expect to prefer brand C is ______.

5). The variance of the number that prefer brand C is ________.

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Essentials of Business Analytics

ISBN: 978-1305627734

2nd edition

Authors: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

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