By paying $10 cash and the balance at $3 per week, how long would it take to pay for a used bicycle costing $64
2 answers:
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Answer:
0.8759 is the probability that no less than 4 of the entry forms will include an order.
Step-by-step explanation:
We are given the following information:
We treat subscription order with an entry form as a success.
P(subscription order with an entry form) = 0.4
Then the number subscription order with an entry form follows a binomial distribution, where
where n is the total number of observations, x is the number of success, p is the probability of success.
Now, we are given n = 14
We have to evaluate:
0.8759 is the probability that no less than 4 of the entry forms will include an order.