SOLUTION: A clothing store owner knows from previous records that any person who comes into her store has a 60 percent chance of making a purchase. She notes that there are 13 people in her

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Question 387941: A clothing store owner knows from previous records that any person who comes into her store has a 60 percent chance of making a purchase. She notes that there are 13 people in her store at the current time. What is the probability that:
a. exactly 5 people will make a purchase?
b. less than 8 people make a purchase?
c. More than 10 people make a purchase?

Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!

Hi,
Note: The probability of x successes in n trials is: P = nCx*
where p and q are the probabilities of success and failure respectively.
In this case p =.6 and q = .4
nCx =
for example:
P(exactly 5 people will make a purchase)= 1287(.6)^5(.4)^8 = .06559
P(less than 8 people make a purchase)
1- P(8) - P(9) - P(10) - P(11)- P(12) - P(13) = .4256 (Stat Trek)
P(More than 10 people make a purchase) = P(11) + P(12) + P(13)
P(11) + P(12) + P(13) = .04528 + .01132 + .00131 = .0579
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