According to hybridcars.com, the market share of hybrid cars in the United States in February 2013 is

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According to hybridcars.com, the market share of hybrid cars in the United States in February 2013 is 3.4%. Consider a random sample of 20 cars in the United States.

a. Use the binomial distribution to determine the probability that there are no hybrid cars from this sample.

b. Use the binomial distribution to determine the probability that there are less than two hybrid cars from this sample.

c. Use the Poisson distribution to determine the probability that there are no hybrid cars from this sample.

d. Use the Poisson distribution to determine the probability that there are less than two hybrid cars from this sample.

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Business Statistics

ISBN: 9780133852288

2nd Edition

Authors: Robert A Donnelly, Robert Donnelly Jr

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