The owner of a small deli is trying to decide whether to discontinue selling magazines. He suspects that only 10% of his customers buy a magazine and he thinks that he might be able to use the display space to sell something more profitable. Before making a final decision, he decides that for one day he will keep track of the number of customers that buy a magazine. Assuming his suspicion that 10% of his customers buy a magazine is correct, what is the probability that exactly 5 out of the first 13 customers buy a magazine?

0.55% probability that exactly 5 out of the first 13 customers buy a magazine

Step-by-step explanation:

For each customer, there are only two possible outcomes. Either they buy a magazine, or they do not. The probability of a customer buying a magazine is independent of other customers. So we use the binomial probability distribution to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

In which is the number of different combinations of x objects from a set of n elements, given by the following formula.

And p is the probability of X happening.

10% of his customers buy a magazine

This means that

What is the probability that exactly 5 out of the first 13 customers buy a magazine?

This is P(X = 5) when n = 13. So

0.55% probability that exactly 5 out of the first 13 customers buy a magazine

d 192

step-by-step explanation:

we find our area to find area we multiply thoses numbers to get our answer so our area is 192

i think it's either c or d

step-by-step explanation: the entire question is extremely odd. 04 obviously refers to the interest rate. honestly i will say the answer is c. because the (2 x 12) part would mean it's compounded semiannually. i'll say choose c.