Car color preferences change over the years and according to

Car color preferences change over the years and according to the particular model that the customer selects. In a recent year, 20% of all luxury cars sold were white. Assume that 25 cars of that year and type are randomly selected. What is the probability of “success” in a single trial of this binomial distribution application?

and

which Excel statement will find the probability of exactly 7 white luxury cars?

=1-BINOMDIST(7,25,20%,FALSE)

=1-BINOMDIST(7,25,20%,TRUE)

=BINOMDIST(7,25,20%,FALSE)

=BINOMDIST(7,25,20%,TRUE)

Solution

=BINOMDIST(7,25,20%,FALSE)