Review problem of interview consumers

Reference no: EM131805391

Question: You are planning to interview 350 consumers randomly selected from a large list of likely sales prospects, in order to assess the value of this list and whether you should assign salespeople the task of contacting them all. Assuming that 13% of the large list will respond favorably, find probabilities for the following:

a. More than 10% of randomly selected consumers will respond favorably.

b. More than 13% of randomly selected consumers will respond favorably.

c. More than 15% of randomly selected consumers will respond favorably.

d. Between 10% and 15% of randomly selected consumers will respond favorably.

Reference no: EM131805391

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