Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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Category > Management Posted 11 Oct 2017 My Price 5.00

fast food chain store

A fast food chain store conducted a taste survey before marketing a new hamburger. The results of the survey showed that 70% of the people who tried this hamburger liked it. Encouraged by this result, the company decided to market the new hamburger. Assume that 70% of all people like this hamburger. On a certain day, eight customers bought it for the first time.

a. Let x denote the number of customers in this sample of eight who will like this hamburger. Using the binomial probabilities table, obtain the probability distribution of x and draw a graph of the probability distribution. Determine the mean and standard deviation of x.

b. Using the probability distribution of part a, find the probability that exactly three of the eight customers will like this hamburger.

 

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Maurice Tutor
(5)
Status NEW Posted 11 Oct 2017 10:10 PM My Price 5.00

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