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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