The owner of a small deli is trying to decide whether to discontinue selling magazines. He suspects that only 10.7% of his customers buy a magazine and he thinks that he might be able to use the display space to sell something more profitable. Before making a final decision, he decides that for one day he will keep track of the number of customers that buy a magazine. Assuming his suspicion that 10.7% of his customers buy a magazine is correct, what is the probability that exactly 4 out of the first 13 customers buy a magazine

Answer :

Chimara

Answer:

0.0329 ≅ 0.03 to two decimal places

Step-by-step explanation:

The owner of a small deli is trying to decide whether to continue or discontinue selling magazines.

His suspicion that only 10.7% of his customers by a magazine (daily) is correct.

What is the probability that exactly 4 out of the first 13 customers (on this day) buy a magazine?

The probability is:

10.7% × 4/13  = 10.7/100 × 4/13  = 0.107 × 0.308  = 0.0329 ≅ 0.03 to two decimal places

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