Suppose That Only 25% of All Drivers Come to a Complete

question 10

Essay

Suppose that only 25% of all drivers come to a complete stop at an intersection having flashing red lights in all directions when no other cars are visible. What is the probability that, of 20 randomly chosen drivers coming to an intersection under these conditions,
a. At most 6 will come to a complete stop?
b. Exactly 6 will come to a complete stop?
c. At least 6 will come to a complete stop?
d. How many of the next 20 drivers do you expect to come to a complete stop?

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Definitions:

Sustainability

The practice of meeting current needs without compromising the ability of future generations to meet their own needs, often focusing on economic, environmental, and social balance.

Willingness To Pay

The maximum price at which a consumer is prepared to buy a good or service.

Supply Chain Sustainability

The management of environmental, social, and economic impacts within the supply chain, looking to improve overall sustainability.

Medium Term

A time frame that is neither short nor long, typically considered to range from one to five years.