- During the recession period, people switch between brands while shopping and rarely stick to one bram According to a survey of customers, only 20% were loyal customers of a favorite cereal. a) Let Ybe the random variable that denotes the number of loyal buyers in a random sample of 10 customers. What are the possible values that X can assume? hb) Find the probability that in a random sample of 10 customers, i) exactly 6 were faithful buyers i) at least 6 were faithful buyers

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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6. During the recession period, people switch between brands while shopping and rarely stick to one brane
According to a survey of customers, only 20% were loyal customers of a favorite cereal.
a) Let Xbe the random variable that denotes the number of loyal buyers in a random sample of 10
customers. What are the possible values that X can assume "
b) Find the probability that in a random sample of 10 customers,
i) exactly 6 were faithful buyers
i) at least 6 were faithful buyers
Transcribed Image Text:6. During the recession period, people switch between brands while shopping and rarely stick to one brane According to a survey of customers, only 20% were loyal customers of a favorite cereal. a) Let Xbe the random variable that denotes the number of loyal buyers in a random sample of 10 customers. What are the possible values that X can assume " b) Find the probability that in a random sample of 10 customers, i) exactly 6 were faithful buyers i) at least 6 were faithful buyers
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