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Posted: June 4th, 2023
If 17 people enter the store, what is the probability that 8 of them will make a purchase, statistics homework help
Question description
You must insert your answers on a word document,
including screenshots of numbers inserted and any charts, graphs, or output, on
word document only.Must show numbers inserted on screenshot to show you know what you are doing
MUST USE PHSTat EXCEL You are the manager of a high-end ladies fashion
store. For the past few months you have
been gathering data and found that 36% of persons entering the store actually
make a purchase. Assume these data follow a
Binomial Distribution and use Excel
to calculate the following binomial probabilities:
If
17 people enter the store, what is the probability that 8 of them will
make a purchase? What
is the probability that at least 5 of the 17 people will make a purchase?
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