It is known that 70% of the customers in a sporting goods store purchase a pair
ID: 3226273 • Letter: I
Question
It is known that 70% of the customers in a sporting goods store purchase a pair of running shoes. A random sample of 25 customers is selected. Assume that the customers' purchases are made independently. In this binomial distribution application, which Excel statement will find the probability of between 5 and 10 customers, inclusively, purchasing a pair of running shoes? = BINOMDIST(10, 25, 70%, TRUE)-BINOMDIST(4, 25, 70%, TRUE) = BINOMDIST(10, 25, 70%, FALSE) - BINOMDIST(5, 25, 70%, FALSE) = 1-BINOMDIST(5, 25, 70%, TRUE) = 1-BINOMDIST(5, 10, 70%, FALSE)Explanation / Answer
n = 25
Since P between 5 and 10 is asked, C and D are out of question
TRUE - is for cumulative probability
Therefore, the answer is A
=BINODIST(10,25,70%,TRUE) - BINODIST(4,25,70%,TRUE)
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