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Problem

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Textbook Expert
Textbook ExpertVerified Tutor
10 Nov 2021

Given information

The number of executives surveyed is 160 of which 26% prefer trucks.

Step-by-step explanation

Step 1.

The number of trials is fixed at 160, the probability of success is fixed at 26% and each trial can result in a success (prefers trucks) or failure (does not prefer trucks).

Therefore, the binomial distribution should be used to model the given scenario.

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