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12.1: Binomial Probability
https://stats.libretexts.org/Under_Construction/Purgatory/FCC_-_Finite_Mathematics_-_Spring_2023/12%3A_More_Probability/12.01%3A_Binomial_Probability
If a telemarketing executive has determined that 15% of the people contacted will purchase the product, what is the probability that among the 12 people who are contacted, 2 will buy the product? If S...If a telemarketing executive has determined that 15% of the people contacted will purchase the product, what is the probability that among the 12 people who are contacted, 2 will buy the product? If S denoted the probability that a person will buy the product, and F the probability that the person will not buy the product, then \(p = .15\), \(q = .85\), \(n = 12\), and \(k = 2\).
12.1: Binomial Probability
https://stats.libretexts.org/Courses/Fresno_City_College/New_FCC_DS_21_Finite_Mathematics_-_Spring_2023/12%3A_More_Probability/12.01%3A_Binomial_Probability
12.1: Binomial Probability
https://stats.libretexts.org/Sandboxes/JolieGreen/Finite_Mathematics_-_Spring_2023_-_OER/12%3A_More_Probability/12.01%3A_Binomial_Probability
If a telemarketing executive has determined that 15% of the people contacted will purchase the product, what is the probability that among the 12 people who are contacted, 2 will buy the product? If S...If a telemarketing executive has determined that 15% of the people contacted will purchase the product, what is the probability that among the 12 people who are contacted, 2 will buy the product? If S denoted the probability that a person will buy the product, and F the probability that the person will not buy the product, then \(p = .15\), \(q = .85\), \(n = 12\), and \(k = 2\).

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