A survey found that 72% of households globally have at least 2 pair of Nike tennis shoes. Imagine you randomly selected 21 households for a closer look. a. What is the possibility that exactly 4 households have Nike tennis shoes? b. What is the possibility that fewer than 3 households have Nike tennis shoes? c. What is the possibility that at least 15 households have Nike tennis shoes?
The number of households out of 21 households selected which have at least 2 pair of nike tennis shoes is modelled here as:
a) The probability here is computed as:
Therefore 0 is the approximate probability here.
b) The probability that fewer than 3 households have Nike tennis shoes is computed here as:
P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2)
c) The probability that at least 15 households have Nike tennis shoes is computed here as:
Therefore 0.6305 is the required probability here.
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