j.d power and associates says the 60 % of car buyers now use the internet for research and price comparison.
a) find the probability that in a sample of 5 car buyers, all 5 will use the internet. ( I got 795.8????)
b) find the probability that in a sample of 5 car buyers, at least 2 will use the internet.
c) find the probability that in a sample of 5 cars buyers, more than 1 will use the internet
d) find the mean and standard deviation
( I got mean of 3??? and standard deviation of 2.24????)
Answer:
p = 0.6 and q = 0.4
a.
P(all 5 will use the internet) = (5 C 5) * (0.6)^5 * (0.6)^0 = 0.6^5 = 0.07776
b.
P(at least 2 will use the internet) = 1 - P(none will use) - P(one will use)
= 1 - (5 C 0) * (0.6)^0 * (0.4)^5 - (5 C 1) * (0.6)^1 * (0.4)^4
=1 - 0.01024 - 0.0768
= 0.9129
c.
P(More than one will use )
=P(X=2) + P(x=3) + P(x=4) + P(x=5)
= P(At least two)
=0.9129
d.
mean = n * p = 5 * 0.6 = 3
sd = sqrt(n *p*q) = sqrt(5 * 0.6 * 0.4) = 1.095
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