Question

In: Statistics and Probability

A small computer shop is selling laser and Deskjet printers of the customers purchasing printers, 60%...

A small computer shop is selling laser and Deskjet printers of the customers purchasing printers, 60% purchase a Laser printer. Let the number among the next 10 purchasers who select to buy a Laser printer. If the store currently has in stock 8 laser printers and 8 Deskjet printers, what is the probability that the requests of these 10 customers can all be met from existing stock (to 4 decimals)?

Solutions

Expert Solution

This is a binomial distribution question with
n = 10
p = 0.6
q = 1 - p = 0.4
where


If there is demand of 2 to 8 laser printers, request of all the 10 customers can be met with existing stock
Please hit thumps up if the answer helped you

orchestra answered 1 year ago
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