The owner of a small deli is trying to decide whether to discountinue selling magazines. He suspects that only 9.2% of his customers buy a magazine and he thinks that he might be able to use the display for something more profitable. Before making his final decision, he decides that for one day he will keep track of the number of customers that buy a magazine. Assuming his suspicion that 9.2% of his customers buy a magazine is correct, what is the probability that exactly 2 out of the first 10 customers but a magazine?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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The owner of a small deli is trying to decide whether to discountinue selling magazines. He suspects that only 9.2% of his customers buy a magazine and he thinks that he might be able to use the display for something more profitable. Before making his final decision, he decides that for one day he will keep track of the number of customers that buy a magazine. Assuming his suspicion that 9.2% of his customers buy a magazine is correct, what is the probability that exactly 2 out of the first 10 customers but a magazine? 

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