Mathematics, 20.06.2020 03:57 jj11vb

The owner of a small deli is trying to decide whether to discontinue selling magazines. He suspects that only 9.8% of his customers buy a magazine and he thinks that he might be able to use the display space to sell something more profitable. Before making a final decision, he decides that for one day he will keep track of the number of customers that buy a magazine.(b) Assuming his suspicion that 9.8% of his customers buy a magazine is correct, what is the probability that exactly 2 out of the first 11 customers buy a magazine? Give your answer as a decimal number rounded to two digits.(c) What is the expected number of customers from this sample that will buy a magazine?

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Answer from: ijeomaokoro9488

Using the binomial distribution, it is found that:

b) There is a 0.2088 = 20.88% probability that exactly 2 out of the first 11 customers buy a magazine.

c) The expected number of customers from this sample that will buy a magazine is of 1.078.

For each customer, there are only two possible outcomes, either they buy a magazine, or they do not. The probability of a customer buying a magazine is independent of any other customer, hence, the binomial distribution is used to solve this question.

Binomial probability distribution

$P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}$

$C_{n,x} = \frac{n!}{x!(n-x)!}$

The parameters are:

x is the number of successes. n is the number of trials. p is the probability of a success on a single trial.

In this problem:

9.8% of his customers buy a magazine, hence p = 0.098

A sample of 11 customers is taken, hence n = 11

Item b:

The probability is P(X = 2), hence:

$P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}$

$P(X = 2) = C_{11,2}.(0.098)^{2}.(0.902)^{9} = 0.2088$

There is a 0.2088 = 20.88% probability that exactly 2 out of the first 11 customers buy a magazine.

Item c:

The expected value of the binomial distribution is given by:

E(X) = np

Hence:

E(X) = 11(0.098) = 1.078

The expected number of customers from this sample that will buy a magazine is of 1.078.

To learn more about the binomial distribution, you can check link

Answer from: leo4687

Step-by-step explanation:

Let x be a random variable representing the number of his customers that buy a magazine. This is a binomial distribution since the outcomes are two ways. It is either a selected customer buys a magazine or he doesn't. The probability of success, p = 9.8/100 = 0.098

The probability of failure, q would be 1 - p = 1 - 0.098 = 0.902

b We want to determine P(x = 2)

n = 11

From the binomial distribution calculator,

P(x = 2) = 0.21

c) the expected number of customers from this sample that will buy a magazine is same as the mean.

mean = np

mean = 11 × 0.098 = 1.08

Answer from: Quest

answer: c. im 100 percent sure

step-by-step explanation:

Answer from: Quest

Least to greatest : -10, -3, 5, 16

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The owner of a small deli is trying to decide whether to discontinue selling magazines. He suspects...