Math Solutions

[See Steps] (TCO 5) An advertising agency is hired to introduce a new product. The agency claims that after its campaign 43% of all consumers are familiar

Question: (TCO 5) An advertising agency is hired to introduce a new product. The agency claims that after its campaign 43% of all consumers are familiar with the product. We ask 4 randomly selected customers whether or not they are familiar with the product.

  1. Is this a binomial experiment? Explain how you know.
  2. use the correct formula to find the probability that, out of 4 customers, exactly 3 are familiar with the product. Show your calculations.

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document


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