Suppose the owner of a store knows that 15% paying costumers buy clothing from a well-known brand.
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Suppose the owner of a store knows that 15% paying costumers buy clothing from a well-known brand. If he chooses 150 paying customers at random, what is the probability that no less than 45 customers purchased clothing from the well-known brand?
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To solve this problem we can use the binomial distribution The binomial distribution is a discrete p...View the full answer
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Related Book For 
Principles Of Managerial Statistics And Data Science
ISBN: 9781119486411
1st Edition
Authors: Roberto Rivera
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