Find probability exactly eight firms purchase unix machines, Basic Statistics

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Find probability exactly eight firms purchase unix machines

Sun Microsystems has approximately 50% of the high-end Unix machines market with its closest competitor being IBM. Suppose that 15 firms were in the market to purchase a high-end Unix machine. Assume that these firms listened to sales pitches by all the major players selling high-end Unix machines.

a) What are the mean and the standard deviation of the number of firms that purchase a Unix machine from Sun Microsystems?
b) What is the probability that exactly 8 firms purchase a Unix machine from Sun Microsystems?
c) What is the probability that between 5 and 10 firms, inclusively, purchase a Unix machine from Sun Microsystems?

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Basic Statistics: Find probability exactly eight firms purchase unix machines

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Basic Statistics: Find probability exactly eight firms purchase unix machines

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Reference No:- TGS0100194

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