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.). -
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
Problem 41CT: On a game show, a contestant is given the digits 3, 4, and 5 to arrange in the proper order to form...
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