Find probability that eight consumers recognize brand name, Basic Statistics

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Find probability that eight consumers recognize brand name

A brand name has a 80% recognition rate. If the owner of the brand wants to verify that rate by beginning with a small sample of 10 randomly selected consumers, find the probability that exactly 8 out of the 10 consumers recognize the brand name. Also find the probability that the number who recognize the brand name is not 8.

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Basic Statistics: Find probability that eight consumers recognize brand name

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Basic Statistics: Find probability that eight consumers recognize brand name

Reference No:- TGS0115532

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 eight consumers recognize brand name

Reference No:- TGS0115532

Recent Questions Asked Basic Statistics

Q : What is the average score on the sat

Q : Determine the angle of the incline needed

Q : How is globalization affecting marketplaces in remote areas

Q : How has turtles impacted the environment(

Q : Find probability that eight consumers recognize brand name

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Q : Find coded value that assign for first year in series

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