Solution-Selected consumers recognize the brand name

Selected consumers recognize the brand name

Reference no: EM131238568

A brand name has a 40% recognition rate. Assume the owner of the brand wants to verify that rate by beginning with a small sample of 6randomly selected consumers. Complete parts (a) through c

What is the probability that exactly 55 of the selected consumers recognize the brand name? The probability that exactly 5 of the 6 consumers recognize the brand name is. (Round to three decimal places as needed.)

b. What is the probability that all of the selected consumers recognize the brand name? The probability that all of the selected consumers recognize the brand name is .(Round to three decimal places as needed.)

c. What is the probability that at least 55 of the selected consumers recognize the brand name?

Reference no: EM131238568

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Selected consumers recognize the brand name

Reference no: EM131238568

Reference no: EM131238568

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