Solution-Calculate probability that exactly five customers

Calculate probability that exactly five customers make

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Reference no: EM132848056

31 percent of all customers who enter a store will make a purchase.

Suppose that 6 customers enter the store and that these customers make independent purchase decisions.( round all answers to 4 decimal place)

1) use the binomial formula to calculate the probability that exactly five customers make a purchase.

2) Use the binomial formula to calculate the probability that at least three customers make a purchase.

3) Use the binomial formula to calculate the probability that two or fewer customers make a purchase.

4) Use the binomial formula to calculate the probability that at least one customer makes a purchase.

Reference no: EM132848056

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Calculate probability that exactly five customers make

Reference no: EM132848056

Reference no: EM132848056

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