Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Company 'x' wants to enter into the market with a new detergent powder. Before launching their product, they conducted a survey where they found that
Company 'x' wants to enter into the market with a new detergent powder. Before launching their product, they conducted a survey where they found that 85% of the people who tried their product were satisfied with it. Due to this high satisfaction rate, the company decided to launch its detergent powder. During a certain month, 85 customers bought this new detergent powder. Find the probability that of these 85 customers, the number of consumers who are satisfied is-
- 62 or fewer
- At least 68
- Exactly 65
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started