hot dog. If 150 customers enter the Quickie Mart today, how likely is it that the store sells al of its hot dogs?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Quickie Mart has only 9 hot dogs available for sale today: Assume that each
customer who enters the store today has a 5% chance of wanting to buy one
hot dog. If 150 customers enter the Quickie Mart today, how likely is it that the
store sells all of its hot dogs?
Assume that no one wants more than one hot dog and that someone who
wants a hot dog will buy one if it is available. Round your answer to two
decimals, such as 0.14.
Hint: Let W = the number of customers who want a hot dog.
Transcribed Image Text:Quickie Mart has only 9 hot dogs available for sale today: Assume that each customer who enters the store today has a 5% chance of wanting to buy one hot dog. If 150 customers enter the Quickie Mart today, how likely is it that the store sells all of its hot dogs? Assume that no one wants more than one hot dog and that someone who wants a hot dog will buy one if it is available. Round your answer to two decimals, such as 0.14. Hint: Let W = the number of customers who want a hot dog.
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