A television store owner figures that 50 percent of the customers entering his
store will purchase an low end television set, 20 percent will purchase a high end
television set, and 30 percent will just be browsing. If five customers enter his
store on a certain day, what is the probability that two customers purchase high end sets, one customer purchases an low end set, and two customers purchase
nothing?
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Answer:
(i) 2/5
(ii) 1/5
(iii) 2/5
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