probability

This topic has expert replies
Senior | Next Rank: 100 Posts
Posts: 40
Joined: Fri Nov 27, 2009 7:48 pm
Thanked: 1 times

probability

by rtaha2412 » Mon Jan 03, 2011 3:30 pm
The probability that a visitor at the mall buys a pack of candy is 30%. If three visitors come to the mall today, what is the probability that exactly two visitors will buy a pack of candy?

a 0.343
b 0.147
c 0.189
d 0.063
e 0.027

User avatar
Legendary Member
Posts: 543
Joined: Tue Jun 15, 2010 7:01 pm
Thanked: 147 times
Followed by:3 members

by anshumishra » Mon Jan 03, 2011 3:34 pm
rtaha2412 wrote:The probability that a visitor at the mall buys a pack of candy is 30%. If three visitors come to the mall today, what is the probability that exactly two visitors will buy a pack of candy?

a 0.343
b 0.147
c 0.189
d 0.063
e 0.027
3C2*(0.3)^2*(0.7) = 0.189

C
Thanks
Anshu

(Every mistake is a lesson learned )

User avatar
GMAT Instructor
Posts: 15539
Joined: Tue May 25, 2010 12:04 pm
Location: New York, NY
Thanked: 13060 times
Followed by:1906 members
GMAT Score:790

by GMATGuruNY » Mon Jan 03, 2011 4:06 pm
rtaha2412 wrote:The probability that a visitor at the mall buys a pack of candy is 30%. If three visitors come to the mall today, what is the probability that exactly two visitors will buy a pack of candy?

a 0.343
b 0.147
c 0.189
d 0.063
e 0.027
P(1st visitor buys candy) = 3/10
P(2nd visitor buys candy) = 3/10
P(3rd visitor doesn't buy candy) = 7/10

Since we need all of the events above to happen together, we multiply the fractions: 3/10 * 3/10 * 7/10 = 63/1000.

Since the visitor who doesn't buy candy could be 1st, 2nd, or 3rd, we multiply the result above by 3:

3 * 63/1000 = 189/1000.

The correct answer is C.
Private tutor exclusively for the GMAT and GRE, with over 20 years of experience.
Followed here and elsewhere by over 1900 test-takers.
I have worked with students based in the US, Australia, Taiwan, China, Tajikistan, Kuwait, Saudi Arabia -- a long list of countries.
My students have been admitted to HBS, CBS, Tuck, Yale, Stern, Fuqua -- a long list of top programs.

As a tutor, I don't simply teach you how I would approach problems.
I unlock the best way for YOU to solve problems.

For more information, please email me (Mitch Hunt) at [email protected].
Student Review #1
Student Review #2
Student Review #3

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 1462
Joined: Thu Apr 09, 2015 9:34 am
Location: New York, NY
Thanked: 39 times
Followed by:22 members

by Jeff@TargetTestPrep » Tue Jan 02, 2018 11:15 am
GMATGuruNY wrote:
rtaha2412 wrote:The probability that a visitor at the mall buys a pack of candy is 30%. If three visitors come to the mall today, what is the probability that exactly two visitors will buy a pack of candy?

a 0.343
b 0.147
c 0.189
d 0.063
e 0.027


We need to determine the probability that two out of three visitors will buy a pack of candy:

P(Y-Y-N) = 0.3 x 0.3 x 0.7 = 0.063

Since there are 3 ways -- (Y-Y-N), (Y-N-Y), or (N-Y-Y) -- in which two of the three visitors can buy a pack of candy, the overall probability is 3 x 0.063 = 0.189.

Answer: C

Jeffrey Miller
Head of GMAT Instruction
[email protected]

Image

See why Target Test Prep is rated 5 out of 5 stars on BEAT the GMAT. Read our reviews