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The Mars Candy Company has announced on its website that 20% of its Peanut M&M's are red and 80% are of different colors. We randomly
The Mars Candy Company has announced on its website that 20% of its Peanut M&M's are red and 80% are of different colors. We randomly select a Peanut M&M packet. We found that it has 100 pieces. What is the probability that 24% or more of the M&M's in that packet are red? (Use the empirical rule if needed.)
Can you please show me the formula I would need to enter in EXCEL (eg. Norm.dist) to solve this problem, thank you!
A) 50%
B) 2.5%
C) 84%
D) 16%
E) 97.5%
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