A particular brand, X, is known to have a market share of 35%. Suppose that in a survey, 2000 consum brand they prefer. The approximate probability that more than 700 consumers will say that they prefer brand X is (give your answer correct to 2 decimal places)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section: Chapter Questions
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A particular brand, X, is known to have a market share of 35%. Suppose that in a survey, 2000 consumers of the product áre asked Which
brand they prefer. The approximate probability that more than 700 consumers will say that they prefer brand X is
(give your answer correct to 2 decimal places)
Transcribed Image Text:A particular brand, X, is known to have a market share of 35%. Suppose that in a survey, 2000 consumers of the product áre asked Which brand they prefer. The approximate probability that more than 700 consumers will say that they prefer brand X is (give your answer correct to 2 decimal places)
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