In an Effort to Persuade Customers to Reduce Their Electricity

question 35

Essay

In an effort to persuade customers to reduce their electricity consumption during business hours, special discounts have been offered to low-consumption customers. One hydroelectric company estimates that 70% of the local residences have qualified for these discounts.
a. If we randomly select four residences, what is the probability exactly two of the four will have qualified for the discounts?
b. If, instead, a sample of 20 residences is selected, what is the probability 12 or more will have qualified for the discounts?

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Definitions:

Reciprocal

Involving mutual actions or relationships where two parties give and take equivalently.

Tuckman's Model

A theory of group development presented by Bruce Tuckman, outlining stages teams typically go through: forming, storming, norming, performing, and adjourning.

Group Formation

The process through which people come together to form a group based on shared objectives, interests, or values.

Productive Group Members

Individuals within a group who actively contribute to achieving the group's objectives through effective collaboration and performance.