SOLUTION: Approximately 60% of all small businesses in Canada have a web site. 8 small businesses were randomly selected to see how many of them have a website. Assume a binomial distributio

Algebra.Com
Question 1166419: Approximately 60% of all small businesses in Canada have a web site. 8 small businesses were randomly selected to see how many of them have a website. Assume a binomial distribution for the following questions.
Round all final answers to 3 decimal places.
(a) What is the number of independent trials?
(b) What is the probability of success during one independent trial?
(c) What is the probability that exactly 5 of the businesses will have a website?
(d) What is the probability that at least one of the businesses has a website?

Answer by ikleyn(52803)   (Show Source): You can put this solution on YOUR website!
.

(a)  8.



(b)  60%,  or  0.6.



(c)   =  = 0.278692.



(d)  It is the complement probability to the event that NO ONE of the businesses has a website.

     This complementary probability is  1 -  = 0.999345.

Solved.     //   All questions are answered.

---------------

To see many other solved problems on binomial distribution, see the lessons
    - Simple and simplest probability problems on Binomial distribution
    - Typical binomial distribution probability problems
in this site.



RELATED QUESTIONS

Searches related to Approximately 60% of all small businesses in Canada have a web site.... (answered by ikleyn)
Can you please help me with this question. Question 2. Approximately 60% of all small... (answered by ikleyn)
Approximately 70% of all small businesses in Canada have a web site. 10 small businesses... (answered by Boreal)
An economist wishes to estimate the proportion of all businesses in the state that employ (answered by robertb)
Please help....I've been trying to figure this problem out all afternoon and I have... (answered by stanbon)
A random sample of 75 printers discovered that 25 of them were being used in small... (answered by JimmyJW)
in the past year, 13%of businesses have eleminated jobs. if five businesses are randomly... (answered by ewatrrr)
(b) In a preliminary random sample of 30 small businesses, it was found that five had... (answered by stanbon)
Question 1 Consider the following results from a survey of small businesses: SECTOR (answered by stanbon)