Answer:
0.2406 = 24.06% probability that exactly two of the selected major customers accept the plan
Step-by-step explanation:
The customers are chosen without replacement, which means that we use the hypergeometric distribution to solve this question.
Hypergeometric distribution:
The probability of x sucesses is given by the following formula:
[tex]P(X = x) = h(x,N,n,k) = \frac{C_{k,x}*C_{N-k,n-x}}{C_{N,n}}[/tex]
In which:
x is the number of sucesses.
N is the size of the population.
n is the size of the sample.
k is the total number of desired outcomes.
50 major customers, 15 would accept the plan.
This means that [tex]N = 50, k = 15[/tex]
The utility selects 10 major customers randomly (without replacement) to contact and promote the plan.
This means that [tex]n = 10[/tex]
a. What is the probability that exactly two of the selected major customers accept the plan
This is P(X = 2).
[tex]P(X = x) = h(x,N,n,k) = \frac{C_{k,x}*C_{N-k,n-x}}{C_{N,n}}[/tex]
[tex]P(X = 2) = h(2,50,10,15) = \frac{C_{15,2}*C_{35,8}}{C_{50,10}} = 0.2406[/tex]
0.2406 = 24.06% probability that exactly two of the selected major customers accept the plan
