IV. If 80 persons are introduced to the product, determine the number of person who are expected to buy the product.

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 1E: A binomial experiment is UDC in which there are exactly __________ outcome. One outcome is called...
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iv.
If 80 persons are introduced to the
product, determine the number of person who
are expected to buy the
product.
Transcribed Image Text:iv. If 80 persons are introduced to the product, determine the number of person who are expected to buy the product.
a)
Market research has shown that 60% of
persons who are introduced to a certain
product actually buy the product. A random
sample of 15 persons were introduced to the
product.
Transcribed Image Text:a) Market research has shown that 60% of persons who are introduced to a certain product actually buy the product. A random sample of 15 persons were introduced to the product.
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