A company that manufactures toothpaste is studying five different package designs.Assuming that one design is just as likely to be selected by a consumer as any other design, what selection probability would you assign to each of the package designs (to 2 decimals)
1 answer:
Answer:
The selection probability to be assigned to each of the package designs is 0.20
Step-by-step explanation:
Firstly, we need to assume that one design is just as likely to be selected by a consumer as any other design
so the probability of selecting any of the design is same and that is 1/5 = 0.20
Thus, what we are trying to say is that each of the package designs have an equal selection probability of 0.20
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