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