Question
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
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 6 randomly selected consumers. Complete parts (a) through (d) below.
a. What is the probability that exactly 5 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)
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)
c. What is the probability that at least 5 of the selected consumers recognize the brand name?
The probability that at least 5 of the selected consumers recognize the brand name is ________?(round to three decimal places)
d. If 6 consumers are randomly selected, is 5 an unusually high number of consumers that recognize the brand name?
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