Create a table: Studies show that 15% of people who test drive a new car, willev

Question

Create a table:

Studies show that 15% of people who test drive a new car, willeventually buy that model. Suppose that 5 people try a particularmodel of new car. Show the probability assignments for the Xdistribution cars sold to those 5 people.

Using that table, answer:

a) what is the probability that fewer than 3 of the cars aresold?

b) what is the probability that two or more of the cars aresold?

c)Compute the expected number of cars sold

d) Compute the standard deviation of the number of cars sold

If a buyer returns to drive the car agian, the probability thatthey will buy it goes upto 58%. If 12 people return to test drive acar a second time, what is the probabilty that:

a) Exactly 1/2 of them buy that model?

b) More than 1/2 of them buy that model?

c) More than 9 buy that model??

d) More than 4 DO NOT buy that model

Explanation / Answer

Thank you SO MUCH  for your help!  What about the second set of questions?  a,b,c and d?  When the buyer returns to drive the car again?

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