23% of U.S adults say they are more likely to make purchases during a sales tax holiday. You randomly select 10 adults. Find the probability that the number of adults who say they are more likely to make purchases during a sales tax holiday is a) exactly two, b) more than two, and C) between two and five, inclusive

23 of US adults say they are more likely to make purchases during a sales tax holiday You randomly select 10 adults Find the probability that the number of adul class=

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Answer:

a) 0.294

b) 0.414

c) 0.694

Step-by-step explanation:

Use binomial probability.

P = nCr pʳ qⁿ⁻ʳ

where n is the number of trials,

r is the number of successes,

p is the probability of success,

and q is the probability of failure (1−p).

In this case, n = 10, p = 0.23, and q = 0.77.

a) If r = 2, then the probability is:

P = ₁₀C₂ (0.23)² (0.77)¹⁰⁻²

P = 45 (0.23)² (0.77)⁸

P = 0.294

b) If r > 2, then the probability is 1 − P(r ≤ 2).

P = 1 − ₁₀C₀ (0.23)⁰ (0.77)¹⁰⁻⁰ − ₁₀C₁ (0.23)¹ (0.77)¹⁰⁻¹ − ₁₀C₂ (0.23)² (0.77)¹⁰⁻²

P = 1 − 1 (0.23)⁰ (0.77)¹⁰ − 10 (0.23)¹ (0.77)⁹ − 45 (0.23)² (0.77)⁸

P = 1 − 0.073 − 0.219 − 0.294

P = 0.414

c) If 2 ≤ r ≤ 5, then the probability is:

P = ₁₀C₂ (0.23)² (0.77)¹⁰⁻² + ₁₀C₃ (0.23)³ (0.77)¹⁰⁻³ + ₁₀C₄ (0.23)⁴ (0.77)¹⁰⁻⁴ + ₁₀C₅ (0.23)⁵ (0.77)¹⁰⁻⁵

P = 45 (0.23)² (0.77)⁸ + 120 (0.23)³ (0.77)⁷ + 210 (0.23)⁴ (0.77)⁶ + 252 (0.23)⁵ (0.77)⁵

P = 0.294 + 0.234 + 0.122 + 0.044

P = 0.694