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16-07-2024
Mathematics

Answered

45% of customers visiting the shop spend more than R 500 on purchases. Consider a random sample of eight customers visiting the shop.
(a) Write down four conditions that must be satisfied in order to use the Binomial Distribution function.
(b) What is the probability that exactly three customers spend more than R 500?
(c) What is the probability that at least two customers spend more than R 500?

Answer :

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