Eighty Percent of the People Who See a Particular Movie

question 21

Multiple Choice

Eighty percent of the people who see a particular movie love it and plan to see it again soon.If we randomly select 18 people who are exiting the movie theater after seeing this movie, what is the probability that fewer than 12 loved the movie and will plan to see it again soon?

• A) 0.0513
• B) 0.9487
• C) 0.1329
• D) 0.8671

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Definitions:

Fire Extinguishers

Devices designed to extinguish or control small fires, often in emergency situations.

Total Benefit

The sum of all the advantages or gains obtained from a certain action or investment.

Externalities

Economic side effects or consequences that affect someone other than the buyer or seller, can be positive or negative.

Incentives

Motivations or rewards that influence the actions and behaviors of individuals or organizations.