Question
The company Bioneural Seminars holds motivational success seminars at cities across the U.S. and Canada. Attendees pay on average $250 each to attend. Despite fantastic
The company Bioneural Seminars holds motivational success seminars at cities across the U.S. and Canada. Attendees pay on average $250 each to attend. Despite fantastic promises of success and easy riches the seminars are not very good. Suppose that a probability that a given attendee succeeds after the seminar is 0.25% (i.e., 1/4 percent) independent of all else. 1200 hopeful attendees purchase tickets to a seminar in San Diego. Let denote the number of attendees that succeed after attending the San Diego seminar. Is it more likely that 4 than not?
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