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based on a survey, assume that 25% of consumers are comfortable having …

Question

based on a survey, assume that 25% of consumers are comfortable having drones deliver their purchases. suppose that we want to find the probability that when five consumers are randomly selected, exactly three of them are comfortable with delivery by drones. identify the values of n, x, p, and q. the value of n is . (type an integer or a decimal. do not round.)

Explanation:

Step1: Identify n (number of trials)

The number of consumers selected is 5, so $n = 5$.

Step2: Identify x (number of successes)

We want exactly 3 consumers to be comfortable, so $x=3$.

Step3: Identify p (probability of success on a single - trial)

The proportion of consumers comfortable with drone delivery is 25% or 0.25, so $p = 0.25$.

Step4: Identify q (probability of failure on a single - trial)

Since $q=1 - p$, then $q = 1-0.25=0.75$.

Answer:

The value of n is 5.
The value of x is 3.
The value of p is 0.25.
The value of q is 0.75.