A brand name has a 70% 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 7 of the 10 consumers recognize the brand name. Use the binomial probability formula to find the probability. The probability that exactly 7 of the 10 consumers recognize the brand name is (Round to three decimal places as needed.). -

A brand name has a 70% 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 7 of the 10 consumers recognize the brand name. Use the binomial probability formula to find the probability. The probability that exactly 7 of the 10 consumers recognize the brand name is (Round to three decimal places as needed.). -

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter9: Counting And Probability

Section9.3: Binomial Probability

Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...

See similar textbooks