(See Steps) 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 probabilities



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 probabilities of finding:

Binomial:

  1. 8 or fewer consumers who favor the product.
  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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