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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.
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Answer:

Option A is the cheapest.

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The engineering department estimates costs of $450,000 for the first year. It is estimated that if process and plant alterations are made, the waste treatment cost will decline $43,000 each year. As an alternative, a specialized firm, Hydro-Clean, has offered a contract to process the waste liquids for 15 years for $225,000 per year.

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Option B:

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