Use the appropriate probability model (Binomial).
-It is estimated that 20% of luxury cars manufactured in 2008 were silver. A car
Dealership typically sells 20 luxury cars per month. The probability that 8 of the luxury
Cars sold per month are silver is
A) .0006.
B) .1276.
C) .0222.
D) .7779
E) None of the above.

Question

Quizplus · Accepted Answer

The probability of selling 8 silver cars out of 20 can be calculated using the binomial probability formula: P(X=k) = (n choose k) * p^k * (1-p)^(n-k), where n=20, k=8, and p=0.2. This calculation results in approximately 0.0222.

Use the Appropriate Probability Model (Binomial)