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From the past experience, a manager of a telecom store knows that 85% of his customer will use e-cash when buying mobile phones. Suppose 3
- From the past experience, a manager of a telecom store knows that 85% of his customer will use e-cash when buying mobile phones. Suppose 3 customers are in line to make a purchase.
- Does this scenario satisfy the conditions of Bernoulli's process?
- Construct a probability tree that delineates all possible values and their associated Probabilities
- Using the probability tree, derive the binomial probability distribution.
The total probability rule is a useful tool for breaking the computation of a probability into distinct cases. Justify
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