Question

Recently, your company sent out a coupon using a customer list that includes 3,000 people. Your market research indicates that 90 of those people actually responded to the coupon. Absent any other info, if you send another coupon to any one customer at random, what's the probability that he or she will use the coupon

Answer 1

The probability that he or she will use the another send coupon by the company will be 0.03.

We have,

Total number of customers whom company send coupons  using a customer list = 3,000

And,

Total number of customers responded to the earlier send coupons = 90

Now,

According to the question,

It is given that,

If company send another coupon to any one customer at random,

Then,

Probability of responding to that coupon = $\frac{90}{3000}$

On solving we get,

Probability of responding to that coupon = 0.03

So,

This is the probability of using coupon.

Hence we can say that the probability that he or she will use the another send coupon by the company will be 0.03.

Learn more about probability here

brainly.com/question/11234923

#SPJ4