Suppose we have the following facts about customers buying alcohol at the Liquor Mart:
• 55% buy wine (W).
• 40% buy beer (B).
• 22% buy wine and beer.
• 6% buy wine and vodka (V).
• 5% buy beer and vodka.
• 50% buy beer or vodka.
• 2% buy wine and beer and vodka.
More info: 15% buy Vodka
Question: In a random sample of 300 customers, what is the approximate probability that less than 38% of them buy beer? (A) 0.1492 (B) 0.1736 (C) 0.2177 (D) 0.2389 (E) 0.2929
Can someone show me the workings? I've been looking through my notes and online but I just cannot figure it out.
• 55% buy wine (W).
• 40% buy beer (B).
• 22% buy wine and beer.
• 6% buy wine and vodka (V).
• 5% buy beer and vodka.
• 50% buy beer or vodka.
• 2% buy wine and beer and vodka.
More info: 15% buy Vodka
Question: In a random sample of 300 customers, what is the approximate probability that less than 38% of them buy beer? (A) 0.1492 (B) 0.1736 (C) 0.2177 (D) 0.2389 (E) 0.2929
Can someone show me the workings? I've been looking through my notes and online but I just cannot figure it out.