Your company has a customer list that includes 3,000 people. Your market research indicates that 90 of
Question:
Your company has a customer list that includes 3,000 people. Your market research indicates that 90 of them responded to the coupon. If you send a coupon to one customer at random, what’s the probability that he or she will use the coupon?
a. 0.03
b. 0.09
c. 0.30
d. 0.90
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A 003 correct ...View the full answer
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Related Book For 
Managerial Economics
ISBN: 9781337106665
5th Edition
Authors: Luke M. Froeb, Brian T. McCann, Michael R. Ward
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