Thirty percent of all customers who enter a store will make a purchase. Suppose that six customers enter the store and that these customers make independent purchase decisions. Use the binomial formula to calculate: 1. The probability that exactly five customers make a purchase. 2. The probability that at least three customers make a purchase. 3. The probability that two or fewer customers make a purchase
Thirty percent of all customers who enter a store will make a purchase. Suppose that six customers enter the store and that these customers make independent purchase decisions. Use the binomial formula to calculate: 1. The probability that exactly five customers make a purchase. 2. The probability that at least three customers make a purchase. 3. The probability that two or fewer customers make a purchase
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
Problem 41CT: On a game show, a contestant is given the digits 3, 4, and 5 to arrange in the proper order to form...
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Thirty percent of all customers who enter a store will make a purchase. Suppose that six customers enter the store and that these customers make independent purchase decisions.
Use the binomial formula to calculate:
1. The
2. The probability that at least three customers make a purchase.
3. The probability that two or fewer customers make a purchase.
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