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Question 7 (5 points) The brand name of a certain chain of coffee shops has a 53% recognition rate in the town of Coffeeton. (In

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Question 7 (5 points) The brand name of a certain chain of coffee shops has a 53% recognition rate in the town of Coffeeton. (In other words, a person selected at random knows about the chain with a probability of 0.53.) An executive from the company wants to verify the recognition rate as the company is interested in opening a coffee shop in the town. He selects a random sample of 7 Coffeeton residents. a) Find the probability that exactly 4 of the 7 Coffeeton residents recognize the brand name. 0.00819 0.287 0.0789 O0.254

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