Binomial Probabilities for Newspaper Subscriptions
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Based on p=.60, probability that a randomly selected homeowners will say no to newspaper subscription.
n=10 sample size
a. The probability that 6 out of 10 people will say no to a newspaper subscription.
b. The probability that 2 out of 10 people will say no to a newspaper subscription.
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Solution Summary
The solution examines binomial probabilities for newspaper subscriptions by homeowners. The probability that 6 out of 10 and 2 out of 10 people will say no to a newspaper subscription is determined.
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Let C(n, m) is combinatorial number that selects m out of n, then ...
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