1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
balandron [24]
3 years ago
12

A specific brand name has an 80% recognition rate. ten people are randomly surveyed in an area to determine if the rate is valid

. what is the probability that exactly 8 people recognize the brand?
Business
2 answers:
oksian1 [2.3K]3 years ago
7 0

the right answer is 0.302

Alla [95]3 years ago
6 0
With the information given in the problem, we know that 80% of the time the brand will be recognized.

As we know, 8/10 is the same thing as 80%.

The probability that exactly 8 people will recognize the brand is 100%.

Let me know how this works out.
You might be interested in
In 2016, due to a change in marketing forecasts, Barney Corporation reduced the projected life of its patent for producing round
Effectus [21]

Answer:

(C) Unaffected.

Explanation:

This is a change in estimate. No prior period adjustment is needed.

3 0
3 years ago
Ralph pays his workers $ 100 each, and labor is the only variable cost. At a quantity of 5000 chickens, how many workers does he
Flura [38]

Answer:

He hires 8 workers

Explanation:

The total cost is $1600 for 5,000 chickens minus the fixed cost of  $800, which equals $800. The total cost is total of fixed cost and variable cost as in absence of production the total variable cost is zero so from this we can conclude that total fixed cost is zero.

Then divide the total variable cost ($800) buy what Ralph pays his workers ($100), which comes to 8.

6 0
3 years ago
Bedrock Company reported a December 31 ending inventory balance of $412,500. The following additional information is also availa
belka [17]

Answer:

The correct Ending Balance = $ 390300

Explanation:

Ending Balance of inventory = $ 412500

Less Office Supplies   = $22,200

The correct Ending Balance = $ 390300

Goods already cosigned are the consignor's inventory unless they are sold. They are not included in the consignee's inventory. So they will be included in the ending inventory.The office Supplies are not the inventory goods. They are daily expense goods and are not included in the inventory.

3 0
4 years ago
Read 2 more answers
Select the correct answer. Parker is designing the compensation package for a candidate selected for the position of a software
zmey [24]

Answer:

C. candidate’s skill set

Explanation:

7 0
3 years ago
Where do employees on the travel and tourism industry come from?
Ipatiy [6.2K]

Answer:

There are six major components of tourism, each with their own sub-components. These are: tourist boards, travel services, accommodation services, conferences and events, attractions and tourism services. Below, I will explain what each of the components offer to the tourism industry and provide some relevant examples.

Explanation:

3 0
3 years ago
Other questions:
  • Workers are responsible for the production of goods in a business,
    9·1 answer
  • The first broad scan of all potential world markets should result in the firm being able to ________.
    7·1 answer
  • What type of account typically has very high liquidity, low or no interest, and low minimum balance?
    14·1 answer
  • As an HR specialist at a large auto manufacturer, you have noticed that many of the technicians employed by your firm are bored
    5·2 answers
  • r. and Mrs. Chalk have three dependent children, ages 3, 6, and 9. Assume the taxable year is 2019. Compute their child credit i
    12·1 answer
  • A BUYER IS PURCHASING A HOME AND HAS ORDERED A HOME INSPECTION AND A A TERMITE INSPECTION. WHAT SHOULD THE BUYER ORDER TO PROTEC
    8·1 answer
  • Of the securities listed below, which would be exempt from the registration requirements of the Uniform Securities Act?I. Securi
    5·1 answer
  • What is the difference between feedback and coaching?
    8·1 answer
  • Trent is 25 years old and works for a company that matches his 401(k) contribution up to 5%. The interest rate for his 401(k) is
    12·1 answer
  • _____ gives employers the benefit of keeping an experienced worker and gives older people a chance to make a continued contribut
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!