Consumers to determine their ranked preferences

Reference no: EM1388481

A market research company surveyed consumers to determine their ranked preferences of energy drinks among the brands Monster, Red Bull, and Rockstar.

a. what are the outcomes of this experiment for one respondent?

b. what is the probability that one respondent will rand Red Bull first?

c. What is the probability that two respondents will both rank Red first?

Reference no: EM1388481

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