Probability
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Acording to a recent survey, 70% of all customers will return to the same grocery store.
Suppose 10 customers are selected at random, What is the probability:
a) Exactly 5 of the customers will return?
b) All 10 customers will return?
c) At least 7 of the customers will return?
d) Less than 5 customers will return?
e) How many customers would be expected to return to the same store ?
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Solution Summary
Please use Excel when necessary:
Acording to a recent survey, 70% of all customers will return to the same grocery store.
Suppose 10 customers are selected at random, What is the probability:
a) Exactly 5 of the customers will return?
b) All 10 customers will return?
c) At least 7 of the customers will return?
d) Less than 5 customers will return?
e) How many customers would be expected to return to the same store ?
Education
- BE, Bangalore University, India
- MS, University of Wisconsin-Madison
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