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Why is this solution correct? What does the answer mean in context of the problem? According to the Wall Street Journal, 20% of album sales
Why is this solution correct?
What does the answer mean in context of the problem?
According to the Wall Street Journal, 20% of album sales in 2009 were digital. Consider a random selection of 6 album sales. What is the probability that exactly 2 sales were digital?
Solution:
Parameters of the distribution
Number of trials: n=6
Probability of success: p=0.2
Probability of failure: q=0.8
Let x be the number of successes in 6 trials.
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