SOLUTION: if 75 percent of people own a microwave, find the probability that 4 randomly selected people will say they own a microwave.

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Question 389598: if 75 percent of people own a microwave, find the probability that 4 randomly selected people will say they own a microwave.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!

Hi,
Note: The probability of x successes in n trials is:
P = nCx* p%5Ex%2Aq%5E%28n-x%29 where p and q are the probabilities of success and failure respectively.
In this case p = .75 & q = .25
nCx = n%21%2F%28x%21%28n-x%21%29%29
P(all 4 randomly selected owning a microwave) = (.75)^4 = .3164