Use the Rule of 72 to solve. Manny has his money in a savings account earning 4.5% interest. How long it will take his money to
2 answers:
You might be interested in
Answer:
The probability that seven or more of them used their phones for guidance on purchasing decisions is 0.7886.
<em />
Step-by-step explanation:
<em>The question is incomplete:</em>
<em>What should I buy? A study conducted by a research group in a recent year reported that 57% of cell phone owners used their phones inside a store for guidance on purchasing decisions. A sample of 14 cell phone owners is studied. Round the answers to at least four decimal places. What is the probability that seven or more of them used their phones for guidance on purchasing decisions? </em>
We can model this as a binomial random variable, with p=0.57 and n=14.
a) We have to calculate the probability that seven or more of them used their phones for guidance on purchasing decisions: