It Is Very Common for a Television Series to Draw

question 83

Short Answer

It is very common for a television series to draw a large audience for special events or for cliff-hanging story lines.Suppose that on one of these occasions,the special show drew viewers from 38.2% of all TV-viewing households.Suppose that three TV-viewing households are randomly selected.
-What is the probability that exactly one of the three households viewed the special show?

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Definitions:

Time Utility

The value added to products or services by making them available when they are needed.

Good Or Service

Products offered in the market that can be either tangible (goods) or intangible (services) to satisfy consumer needs or wants.

Customers Want

The desires or needs that consumers express, which can influence their buying behavior and decisions.

Purchase

The act of acquiring goods or services in exchange for money.