Posted by Gina on Tuesday, October 2, 2012 at 5:33pm.
Each consumer has a 25% chance of preferring your product over the competitor's product. If we question 15 customers, what is the probability that at least 3 will prefer your product?

Statistics  math  Shelly, Tuesday, October 2, 2012 at 5:39pm
1(3/4)^15C(15,1)(1/4)(3/4)^14 C(15,2)(1/4)^2(3/4)^13

Statistics  math  Gina, Tuesday, October 2, 2012 at 7:33pm
Do you have an answer that I can check my calculations with? I haven't worked a problem like this in a long time  am trying to help a friend with this problem. We're having trouble calculating it. I'm using a regular calculator, not a scientific one. Any suggestions
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