Math Problem Statement
Many wholesale stores offer free samples for customers to taste things in order to increase sales. Let’s assume that Costco provides free samples of cheese for everyone who walks by the cheese aisle. Historically, 45% of the customers who sampled a product purchased it. Round to four decimal places.
A) What is the probability exactly 12 of the next 30 customers who taste the cheese will purchase?
Solution
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Math Problem Analysis
Mathematical Concepts
Probability
Binomial Distribution
Formulas
P(X = x) = (n choose x) * p^x * (1 - p)^(n - x)
(n choose x) = n! / (x!(n - x)!)
Theorems
Binomial Probability Theorem
Suitable Grade Level
Grades 10-12
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