Question

Warehouse Grocery Shopping Therese manages a grocery warehouse that encourages volume shopping on the part of its customers. Therese has discovered that on any given weekday, 70% of the customer sales amount to more than $100. That is, any given sale on such a day has a probability of 0.70 of being for more than $100. (Actually, the conditional probabilities throughout the day would change slightly, depending on earlier sales, but this effect would be negligible for the first several sales of the day, so we can treat them as independent.) Find the probability of each event. (Give answers to three decimal places.) 63. The first two sales on Wednesday are both for more than $100. 64. The first three sales on Wednesday are all for more than $100. 65. None of the first three sales on Wednesday is for more than $100. 66. Exactly one of the first three sales on Wednesday is for more than $100.

          Warehouse Grocery Shopping
Therese manages a grocery warehouse that encourages volume shopping on the part of its customers. Therese has discovered that on any given weekday, 70% of the customer sales amount to more than $100. That is, any given sale on such a day has a probability of 0.70 of being for more than $100. (Actually, the conditional probabilities throughout the day would change slightly, depending on earlier sales, but this effect would be negligible for the first several sales of the day, so we can treat them as independent.)
Find the probability of each event. (Give answers to three decimal places.)

63. The first two sales on Wednesday are both for more than $100.
64. The first three sales on Wednesday are all for more than $100.
65. None of the first three sales on Wednesday is for more than $100.
66. Exactly one of the first three sales on Wednesday is for more than $100.

Warehouse Grocery Shopping
Therese manages a grocery warehouse that encourages volume shopping on the part of its customers. Therese has discovered that on any given weekday, 70% of the customer sales amount to more than $100. That is, any given sale on such a day has a probability of 0.70 of being for more than $100. (Actually, the conditional probabilities throughout the day would change slightly, depending on earlier sales, but this effect would be negligible for the first several sales of the day, so we can treat them as independent.)
Find the probability of each event. (Give answers to three decimal places.)

63. The first two sales on Wednesday are both for more than 100.
64. The first three sales on Wednesday are all for more than100.
65. None of the first three sales on Wednesday is for more than 100.
66. Exactly one of the first three sales on Wednesday is for more than100.

Added by Victoria S.

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