The magazine mass marketing company has received 14 entries in its latest sweepstakes. they know that the probability of receiving a magazine subscription order with an entry form is 0.4. what is the probability that no less than 4 of the entry forms will include an order?

0.8759 is the probability that no less than 4 of the entry forms will include an order.    

Step-by-step explanation:

We are given the following information:

We treat subscription order with an entry form as a success.

P(subscription order with an entry form) = 0.4

Then the number subscription order with an entry form follows a binomial distribution, where

where n is the total number of observations, x is the number of success, p is the probability of success.

Now, we are given n = 14

We have to evaluate:

0.8759 is the probability that no less than 4 of the entry forms will include an order.

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the correct answer is $7.38

step-by-step explanation: