SOLUTION: Approximately 80% of American households have a computer. 9 households are randomly selected. a) What is the probability at least 6 households have a computer? b) What is th

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Question 613650: Approximately 80% of American households have a computer. 9 households are randomly selected.
a) What is the probability at least 6 households have a computer?

b) What is the probability at most 3 households have a computer?

A stockbroker gains 3 new accounts, on average, in a week’s time. What is the probability that he gains 15 new accounts in the next 4 weeks?

Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!
 
Hi
Approximately 80% of American households have a computer. 9 households are randomly selected.
Using Stattrek.com Binomial Calculator
P(at least 6) = .9144
P(at most 3) = .0031
A stockbroker gains 3 new accounts, on average, in a week’s time.
What is the probability that he gains 15 new accounts in the next 4 weeks
Using Stattrek.com Poison Probablity Calculator
P(15;12) = .0724
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