Math Problem Statement

Not all visitors to a certain company's website are customers. In fact, the website administrator estimates that about 5% of all visitors to the website are looking for other websites. Assuming that this estimate is correct, find the probability that, in a random sample of 5 visitors to the website, exactly 4 actually are looking for the website. Round your response to at least three decimal places.

Solution

We

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Probability
Binomial Distribution

Formulas

P(X = k) = C(n, k) * (p^k) * (1-p)^(n-k)
C(n, k) = n! / (k!(n-k)!)

Theorems

Binomial Theorem

Suitable Grade Level

Grades 11-12