A brand name has 50% recognition rate. Assume the owner of the brand wants to verify that rate by beginning with a small sample of 6 randomly selected consumers.
How would you do the binomial probability formula can be used to find the simple binomial probabilities for n = 6 and p = 0.5
The formula is given below but I am not sure how to write it to figure out the outcomes for P(0) P(2) P(3) P(4), The formula is P(x) = n!/(n - x)!x! * px * qn –x for x = 0, 1, 2, . . .n