USE 4 DECIMAL PLACES.

Shania works for a company, Emerging Technologies Inc, and she has been asked to provide some insight as to how to test the market, and the probabilities of success for their new product. The product BipBox, will retail for $50 per unit. Shania thinks 1 in 2 people will like the new product and plans on testing this with 20 people as a trial. a. What is the probability that more than 10 people will like the new product? b. What is the probability that 8 or more, but fewer than 12 will like it? c. What is the Variance? d. If 3 times as many people were involved in the trial, what is the Variance? e. Her boss thinks only 1 in 3 people will like the BipBox product and to save money wants the test to be conducted with 10 people. What is the probability that 6 people will like it