Assume that 27% of consumers are comfortable having drones deliver their items based on a poll. Let's say we want to determine the likelihood that, out of four randomly chosen consumers, exactly two are okay with drone deliveries. The values of n, x, p, and q should be known. n has a value of?
Use the normal approximation to the binomial distribution to determine (to four decimals) the probability of getting 7 heads and 7 tails in 14 flips of a balanced coin. To determine the error of this approximation, also consult the "Statistical Tables" table of binomial probabilities.
Calculate the likelihood that X will succeed using Table B in appendix A.
a.
b.
c.
d.
Can be given binomail probability approximated by the normal probability destribution?