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Based on a Comcast survey, there is a 0.8 probability that a randomly selected adult will watch prime-time TV live, instead of online, on DVR, etc. Assume that seven adults are
Randomly selected. Find the probability that fewer than three of the selected adults watch
Prime-time live.
Spectatorship
The act of observing or watching an event, artwork, or performance as a spectator, often engaging with visual and auditory senses.
Commercialization
The process of developing or transforming goods, services, ideas, or events to be marketable to the public for the purpose of generating profit.
Conglomeration
A corporation that consists of several different companies operating in diverse industries.
Media Conglomerate
A large company that owns numerous companies involved in various media-related activities, such as television, radio, publishing, motion pictures, and the Internet.
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