Probability that eight consumers recognize brand name

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Reference no: EM13127232

A brand name has a 80% recognition rate. If the owner of the brand wants to verify that rate by beginning with a small sample of 10 randomly selected consumers, find the probability that exactly 8 out of the 10 consumers recognize the brand name. Also find the probability that the number who recognize the brand name is not 8.

Reference no: EM13127232

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