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. If 80 persons are introduced to the product, determine the number of persons who are expected to buy the product.
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. If 80 persons are introduced to the product, determine the number of persons who are expected to buy the product.
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 3E
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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.
If 80 persons are introduced to the product, determine the number of persons who are expected to buy the product.
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