A coffee shop owner knows from past records that 20 of all c
A coffee shop owner knows from past records that 20% of all customers who enter her store will buy a danish. if 10 people enter the store what is the probability that no one buys a danish?
How many people must enter the store before she is 85% sure that at least one person will buy something?
Solution
prob of people buying danish = 0.20
p = 0.20
n = 10
X no of people buying Danish is binomial with p =0.20
the probability that no one buys a danish
= P(X=0) = 0.8010
= 0.1074
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If N is the no of people enter for her to be 85% confidence
for atleast one person buying Danish
= P(X>=1 in N trials)
= 1-P(X=0 in N trials) =0.85
i.e. P(X=0) = 0.15
x = 8 persons is the answer
