The Wall Street Journal reported that approximately 25% of the people who are told a product is improved will believe that it is in fact improved. The remaining 75% believe that this is just hype. Suppose a marketing study consists of a random sample of eight people who are given a sales talk about a new, improved product. What is the standard deviation of the number of people who believe that the product is in fact improved? 1.107 2.94 0 0 0 0 0 2 1.225 1.501

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The Wall Street Journal reported that approximately 25% of the people who are told a product is improved will believe that it is in fact improved. The remaining 75% believe that
this is just hype. Suppose a marketing study consists of a random sample of eight people who are given a sales talk about a new, improved product. What is the standard deviation
of the number of people who believe that the product is in fact improved?
1.107
2.94
OOOOO
2
1.225
1.501
Transcribed Image Text:The Wall Street Journal reported that approximately 25% of the people who are told a product is improved will believe that it is in fact improved. The remaining 75% believe that this is just hype. Suppose a marketing study consists of a random sample of eight people who are given a sales talk about a new, improved product. What is the standard deviation of the number of people who believe that the product is in fact improved? 1.107 2.94 OOOOO 2 1.225 1.501
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