at random indicates a preference for a Coke product when choosing a soft drink. Share of Voice for Beverage Brands + Fanta 1% Dr. Pepper- 12% 7up 2% Pepsi 14% Mountain Dew 14% -Vitamin Water 1% USE SALT Coke 36% Red Bull 20% A group of n = 500 consumers is selected and the number preferring a Coke product is recorded. Use the normal curve to approximate the following binomial probabilities. (Round your answers to four decimal places.) (a) Exactly 190 consumers prefer a Coke product. (b) Between 150 and 190 consumers (inclusive) prefer a Coke product. (c) Fewer than 190 consumers prefer a Coke product.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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I need help with this question 14 with a b and c

The text accompanying the image describes a statistical analysis of market shares among various soft drink brands. It focuses on the rival brands Pepsi and Coke, highlighting concerns over market shares. The pie chart illustrates the “Share of Voice for Beverage Brands” with the following breakdown:

- Coke: 36%
- Red Bull: 20%
- Mountain Dew: 14%
- Pepsi: 14%
- Dr. Pepper: 12%
- 7up: 2%
- Fanta: 1%
- Vitamin Water: 1%

The analysis task involves determining the binomial probabilities related to consumer preferences for Coke products based on a sample size of 500 consumers. The task uses the normal curve to approximate probabilities. Calculations are required for:

(a) Exactly 190 consumers preferring a Coke product.
(b) Between 150 and 190 consumers (inclusive) preferring a Coke product.
(c) Fewer than 190 consumers preferring a Coke product.

The instructions emphasize rounding the calculated answers to four decimal places.
Transcribed Image Text:The text accompanying the image describes a statistical analysis of market shares among various soft drink brands. It focuses on the rival brands Pepsi and Coke, highlighting concerns over market shares. The pie chart illustrates the “Share of Voice for Beverage Brands” with the following breakdown: - Coke: 36% - Red Bull: 20% - Mountain Dew: 14% - Pepsi: 14% - Dr. Pepper: 12% - 7up: 2% - Fanta: 1% - Vitamin Water: 1% The analysis task involves determining the binomial probabilities related to consumer preferences for Coke products based on a sample size of 500 consumers. The task uses the normal curve to approximate probabilities. Calculations are required for: (a) Exactly 190 consumers preferring a Coke product. (b) Between 150 and 190 consumers (inclusive) preferring a Coke product. (c) Fewer than 190 consumers preferring a Coke product. The instructions emphasize rounding the calculated answers to four decimal places.
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