Parameters of the binomial distribution


Thirty percent of all customers who enter a store will make the purchase. Assume that 6 customers enter the store and that these customers make independent purchased decisions. Let Xdenote the total number of six customers who will NOT make a purchase. Determine the two parameters of the binomial distribution.

Find out the mean of the X.

Find out the variance of X.

Find out the probability that all customers make a purchase.

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Basic Statistics: Parameters of the binomial distribution
Reference No:- TGS0872060

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