The Owner of a Pet Store Is Trying to Decide

question 120

Essay

The owner of a pet store is trying to decide whether to discontinue selling specialty clothes for pets. She suspects that only 4%
of the customers buy specialty clothes for their pets and thinks that she might be able to replace the clothes with more
interesting and profitable items on the shelves. Before making a final decision she decides to keep track of the total number of
customers for a day, and whether they purchase specialty clothes for their pet.
-What is the probability that at least 3 of the first 40 customers buy specialty clothes for their
pet? Show work.

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Definitions:

Humanistic Approaches

Ways of studying personality that emphasize self-actualization, where people seek to fulfill their potential through greater self-understanding.

Unconditional Positive Regard

A concept in client-centered therapy where the therapist offers the client complete support and acceptance.

Conditions of Worth

Standards imposed by others and internalized that a person believes they must meet to be valued or accepted.

Expectancy Theory

A theory in psychology that proposes an individual's motivation is related to their expected outcomes of a behavior and the value they place on those outcomes.