According to a survey, 70% of households said that they have never purchased organic fruits or vegetables.
Question:
According to a survey, 70% of households said that they have never purchased organic fruits or vegetables. Suppose that this result is true for the current population of households.
a. Let x be a binomial random variable that denotes the number of households in a random sample of 10 who have never purchased organic fruits or vegetables. What are the possible values that x can assume?
b. Find the probability that exactly 6 households in a random sample of 10 will say that they have never purchased organic fruits or vegetables. Use the binomial probability distribution formula
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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a The random variable x can assume any of the values 0 1 2 3 ...View the full answer
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