SOLUTION: A certain furniture store found that 20% of the people who enter buy something. Three potential customers walk in. Y means a sale, and N means no sale. 1. The most likely outco

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Question 1028846: A certain furniture store found that 20% of the people who enter buy something. Three potential customers walk in. Y means a sale, and N means no sale.
1. The most likely outcome is?
A) YYY B)NNN C)YNY D) NNY E) YNN
I was thinking it might either be NNN or NNY because the percent is so low. Am I right?
2. The probability of NNY is?
A) .128 B) .6 C) .2 D) .5
How would you solve this?

Thanks in advance!

Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


The probability of successes in trials where is the probability of success on any given trial is given by:



Where is the number of combinations of things taken at a time and is calculated by

So the probability of 3 Yes results would be:



The probability of 2 Yes results (which could be YYN, YNY, or NYY), would be:



Each of YYN, YNY, or NYY would be 1/3 of the above result.

The probability of 1 Yes result (YNN, NYN, or NNY) would be:



Each of YNN, NYN, and NNY would be 1/3 of the above, so P(NNY) = 0.128

The probability of Zero Yes results, NNN, would be:



John

My calculator said it, I believe it, that settles it