Question: Population of consumers where 30% of them favored a new product and 70% of them disliked it. If 20 persons are sampled, what are the Binomial probabilities of finding:

1. 8 or fewer consumers who favor the product.
   (where this last probability is computed using Excel)
2. Precisely 10 consumers who favor the product.
3. Fewer than 6 consumers who favor the product.
4. More than 7 consumers who favor the product.
5. Greater than or equal to 5 but less than or equal to 12 consumers who favor the product.

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