Who is the king of late night TV? An Internet survey estimates that, when given a choice

Question:

Who is the king of late night TV? An Internet survey estimates that, when given a choice between David Letterman and Jay Leno, 52% of the population prefers to watch Jay Leno. Suppose that you randomly select three late night TV watchers and ask them which of the two talk show hosts they prefer.

a. Find the probability distribution for x, the number of people in the sample of three who would prefer Jay Leno.

b. Construct the probability histogram for p(x).

c. What is the probability that exactly one of the three would prefer Jay Leno?

d. What are the population mean and standard deviation for the random variable x?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...

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