The makers of two kinds of cola are having a contest in the local shopping mall. Assume
Question:
The makers of two kinds of cola are having a contest in the local shopping mall.
Assume that 60 % of the people in this region prefer brand A and 40 % prefer brand B. Ten local residents were randomly selected to test the colas. What is the probability that five of these 10 testers will prefer brand A?
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Step by Step Answer:
To solve this problem we can use the binomial probability formula This formula calculates the probab...View the full answer
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Related Book For 
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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