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Answer to Question #42679 in Statistics and Probability for Ru-Wayne

Question #42679
A marketing manager makes the statement that the long-run probability that a
customer would prefer the deluxe model to the standard model is 30%.
1.2.1 What is the probability that exactly 3 in a random sample of 10 customers will
prefer the deluxe model? (3)
1.2.2 What is the probability that more than 2 in a random sample of 10 customers
will refer the standard model?
1
Expert's answer
2014-05-21T09:40:18-0400
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