What is a binomial formula for equation


Discuss the below:

Q: Thirty percent of all customers who enter a store will make a purchase. Suppose that six customers enter the store and that these customers make independent purchase decisions.

(a) Let x = the number of six customers who will make a purchase. Write the binomial formula for this equation.

(b) Use the binomial formula to calculate:

1. The probability that exactly five customers make a purchase.

2. The probability that at least three customers make a purchase.

3. The probability that two or fewer customers make a purchase.

4. The probability that at least one customer makes a purchase.

 

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