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 definition of “success” in this binomial distribution application?

Solution

Here \"success\" is defined as event that the luxury car is of color white.

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

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