It is known that every person has a 46% chance of making an impulse purchase at a specific grocery store. If 10 customers are randomly selected, to what is the probability that exactly 3 people make an impulse purchase at that grocery store

0.1563 is the required probability.

Step-by-step explanation:

We are given the following information:

We treat chance of making an impulse purchase as a success.

P(chance of making an impulse purchase) = 46% = 0.46

Then the number of people make an impulse purchase follows a binomial distribution, since each trial in independent with two possible outcome and equal probability of success.

Formula:

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 = 10 and x = 3

We have to evaluate:

0.1563 is the probability  that exactly 3 people make an impulse purchase at that grocery store.

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step-by-step explanation:

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