The Owner of a Small Convenience Store Is Trying to Decide

question 69

Essay

The owner of a small convenience store is trying to decide whether to discontinue selling magazines. He suspects that only
5% of the customers buy a magazine and thinks that he might be able to use the display space to sell something more
profitable. Before making a final decision he decides that for one day he'll keep track of the number of customers and
whether or not they buy a magazine.
-What is the probability that exactly 2 of the first 10 customers buy magazines? Show work.

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Definitions:

Menstrual Period

The phase in a female's menstrual cycle where bleeding occurs from the uterus, signaling no pregnancy.

Secondary Sex Characteristics

Physical features that distinguish the sexes of a species but are not directly involved in reproduction, such as breast development in females and facial hair in males.

Klinefelter Syndrome

A genetic condition in males characterized by the presence of an extra X chromosome, leading to symptoms such as reduced masculinity, infertility, and sometimes cognitive impairments.

Gender Identity

A person's inner perception of their gender identity, which can align with or differ from the gender assigned to them at birth.