selected from tne tour employees? B. Binomial Distributions The following proble
ID: 3360237 • Letter: S
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selected from tne tour employees? B. Binomial Distributions The following problem is designed to give you practice using the binomial calculator contained in Probability Topics (Cont) and Discrete Random Variables (please scroll down to 5 Binomial Distri Coca-Cola is one of the world's leading recognized brands of soft drinks. A market researcher di Cola has a brand recognition rate of 95%. We randomly select 5 people. Please use the binomi synopsis of the binomial distribution to answer the following questions: 1. What are the values for n, p, and q? 2. What is the probability that exactly 3 of the 5 people recognize the Coca-Cola brand name? 3. What is the probability that the number of people, who recognize the Coca-Cola brand are 3 c Send to Binder -Download Print Activity Details Task: View this topic st Visited Nov 12, 2017 5:24 PM
Explanation / Answer
Solution:-
1)
n = 5
p = 0.95
q = 1 - 0.95
q = 0.05
2) The probability that exactly 3 of the 5 recognise the coca cola brand is 0.02143
n = 5
p = 0.95
By applying binomial distributiion:-
P(x,n) = nCx*px*(1-p)(n-x)
P(x = 3) = 0.02143
3) The probability that 3 or more the coca cola brand is 0.9988.
n = 5
p = 0.95
By applying binomial distributiion:-
P(x,n) = nCx*px*(1-p)(n-x)
P(x > 3) = 0.9988
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