Find probability that consumers recognize the brand name, Basic Statistics

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Find probability that consumers recognize the brand name

A brand name has a 60% recognition rate. Assume the owner of the brand wants to verify that rate by beginning with a small sample of 6 randomly selected consumers.

a) What is the probability that exactly 5 of the selected consumers recognize the brand name?

b) The probability that exactly 5 of the 6 consumers recognize the brand name is?

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Basic Statistics: Find probability that consumers recognize the brand name

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Basic Statistics: Find probability that consumers recognize the brand name

Reference No:- TGS093297

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: Find probability that consumers recognize the brand name

Reference No:- TGS093297

Recent Questions Asked Basic Statistics

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Q : Burger king advertising tactics

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