2. You are the manager of a high-end ladies fashion store. For the past few months you have been gathering data and found that 55% of persons entering the store actually make a purchase. Custom Essay

2. You are the manager of a high-end ladies fashion store. For the past few months you have been gathering data and found that 55% of persons entering the store actually make a purchase. Assume these data follow a Binomial Distribution and use Excel to calculate the following binomial probabilities:1. If 15 people enter the store, what is the probability that exactly 8 of them will make a purchase?

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