Answer is D 7. Suppose we know that when customers visit the LCBO, 40% of them buy beer. In a random sample of 300 such customers, what is the approximate probability that less than 38% of them buy beer? (A) 0.1492 (B) 0.1736 (C) 0.2177 (D) 0.2389 (E) 0.2929

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Answer is D
7. Suppose we know that when customers visit the LCBO, 40% of them buy beer. In a random
sample of 300 such customers, what is the approximate probability that less than 38% of them
buy beer?
(A) 0.1492
(B) 0.1736
(C) 0.2177
(D) 0.2389
(E) 0.2929
Transcribed Image Text:Answer is D 7. Suppose we know that when customers visit the LCBO, 40% of them buy beer. In a random sample of 300 such customers, what is the approximate probability that less than 38% of them buy beer? (A) 0.1492 (B) 0.1736 (C) 0.2177 (D) 0.2389 (E) 0.2929
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