Car color preferences change over the years and according to the particular mode
ID: 3392936 • Letter: C
Question
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)
=1-BINOMDIST(7,25,20%,FALSE)
=1-BINOMDIST(7,25,20%,TRUE)
=BINOMDIST(7,25,20%,FALSE)
=BINOMDIST(7,25,20%,TRUE)
Explanation / Answer
=BINOMDIST(7,25,20%,FALSE)