2 years ago

Does anybody know how to solve this problem?

Mathematics

1 answer:

Harlamova29_29 [7]2 years ago

8 0

Answer:

Step-by-step explanation:

type it out nd i can answer it

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In a study of brand recognition, 795 consumers knew of Amazon, and 10 did not. Use these results to estimate the probability tha

Rzqust [24]

Answer:

The probability that a randomly selected consumer will recognize Amazon is 0.988.

Step-by-step explanation:

The data given in the question is

Total number of consumers = 795 + 10 = 805

Consumers who knew of Amazon = 795

Consumers who did not know of Amazon = 10

The formula for calculating probability of an event A is:

P(A) = No. of favourable outcomes/Total no. of possible outcomes

P(Recognize Amazon) = No. of Consumers who knew Amazon/Total no. of consumers

P(Recognize Amazon) = 795/805

= 0.98757

P(Recognize Amazon) ≅ 0.988

The probability that a randomly selected consumer will recognize Amazon is 0.988.

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