A cereal company hopes to increase its sales by putting prizes in randomly selected boxes of its lowest-selling children's cereal. The company claims that the probability of getting a prize is 0.75. Which is the correct interpretation of this probability? O This company expects to increase cereal sales by 75%. O There is a guarantee of getting 3 prizes when buying 4 boxes of this type of cereal. O In many, many boxes of cereal of this type, we can expect about 75% of the boxes to contain a prize. O The claim of this company is correct if exactly 75 out of 100 boxes of this type of cereal contain a prize.
A cereal company hopes to increase its sales by putting prizes in randomly selected boxes of its lowest-selling children's cereal. The company claims that the probability of getting a prize is 0.75. Which is the correct interpretation of this probability? O This company expects to increase cereal sales by 75%. O There is a guarantee of getting 3 prizes when buying 4 boxes of this type of cereal. O In many, many boxes of cereal of this type, we can expect about 75% of the boxes to contain a prize. O The claim of this company is correct if exactly 75 out of 100 boxes of this type of cereal contain a prize.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:A cereal company hopes to increase its sales by putting prizes in randomly selected boxes of its lowest-selling
children's cereal. The company claims that the probability of getting a prize is 0.75.
Which is the correct interpretation of this probability?
O This company expects to increase cereal sales by 75%.
O There is a guarantee of getting 3 prizes when buying 4 boxes of this type of cereal.
O In many, many boxes of cereal of this type, we can expect about 75% of the boxes to contain a prize.
O The claim of this company is correct if exactly 75 out of 100 boxes of this type of cereal contain a prize.
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