The probability that exactly 9 buyers would prefer green is 0.1408
We will use the Binomial probability formula to find the answer
The formula is given by ⁿCₓ (p)ˣ (1-p)ⁿ-ˣ
We have
n, the number of trial = 12
x, the sample we aim to try = 9
p, the probability of success = 0.6
Substitute these values into the formula
[tex]P(9)= ^{12}C_{9} (0.6)^{9} (1-0.6)^{12-9}[/tex]
P(9) = 0.1408 (rounded to four decimal places)
Hence, The probability that exactly 9 buyers would prefer green is 0.1408
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