Lauren has gross pay of $765 and federal tax withholdings of $68. Determine Lauren's net pay if she has the additional items wit
1 answer:
You might be interested in
Answer:
0.09
Step-by-step explanation:
Given that 50% of this population prefers the color green.
Let p the probability that one person selected from the population prefer the green color of the car. So,
p=0.05
There is only two chance, any person either prefer the green color or not, assuming this holds true for every person, so the mentioned population can be assumed as Bernoulli's population.
By using Bernoulli's theorem, the probability of exactly r success of n randomly selected from the Bernoulli's population is
Here, 15 buyers are randomly selected, so, n= 15 and
So, by using equation (i), the probability that exactly 5 buyers would prefer green out of 15 randomly selected buyers is
=0.0916
Hence, the probability that exactly 5 buyers would prefer green out of 15 randomly selected buyers is 0.09.