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Recent research shows that only 40% of the customers are willing to pay more for a service. Now we have selected 10 customers randomly.
Recent research shows that only 40% of the customers are willing to pay more for a service. Now we have selected 10 customers randomly. Using the Binomial Distribution, what is the probability that at least 5 customers are willing to pay more for the service What is the probability that less than 2 customers are willing to pay more for a service? What is the expected value?
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Project Management A Systems Approach to Planning Scheduling and Controlling
Authors: Harold Kerzner
10th Edition
978-047027870, 978-0-470-5038, 470278706, 978-0470278703
