Answer:
The required probability is approximately 0.3467.
Step-by-step explanation:
Let X represents the event of making an online purchase,
Given,
The probability of making an online purchase, p = 0.35,
While, the probability of not making the online purchase, q = 1 - p = 0.65,
Hence, by the binomial distribution formula,
[tex]P(x) = ^nC_x p^x q^{n-x}[/tex]
Where, [tex]^nC_x=\frac{n!}{x!(n-x)!}[/tex]
Hence, the probability that at most 3 of them has made an online purchase is,
P(x ≤ 3) =P(x=0) + P(X=1) + P(X=2) + P(x=3)
[tex]= ^{12}C_0 p^0 q^{12-0}+^{12}C_1 p^1 q^{12-1}+^{12}C_2 p^2 q^{12-2}+^{12}C_3 p^3 q^{12-3}[/tex]
[tex]=(0.65)^{12}+12(0.35)(0.65)^{11}+66(0.35)^2(0.65)^{10}+220(0.35)^3(0.65)^9[/tex]
[tex]=0.346652696179[/tex]
[tex]\approx 0.3467[/tex]