Hi
about 50% of male Internet users in this age group visit an auction site such
as eBay at leat once a month.
random sample of 12 male Internet users aged 18-34.
Find the probability that at least 8 of the 12 have visited an auction site in the past month!
P(at least 8 of 12) = P(8 ≤ x ≤ 12) = .1938
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 & q are = .5
nCx =