Find probability that none of dish owners subscribes channel


An industry representative claims that 40 percent of all satellite dish owners subscribe to at least one premium movie channel. In an attempt to justify this claim, the representative will poll a randomly selected sample of dish owners.

(a) Suppose that the representative's claim is true, and suppose that a sample of 4 dish owners is randomly selected. Assuming independence, use an appropriate formula to compute. (Do not round your intermediate calculation and round your answers to 4 decimal places.)

1. The probability that none of the dish owners in the sample subscribes to at least one premium movie channel.

2. The probability that more than two dish owners in the sample subscribe to at least one premium movie channel.

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Microeconomics: Find probability that none of dish owners subscribes channel
Reference No:- TGS062050

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