The probability that the new UNC-CH logo will be profitable is <u>0.9897 </u>while the probability for NC State will be <u>0.9600.</u>
<h3 /><h3>What is the probability that the brands will be successful?</h3>
The probability that the UNC-CH logo is successful is:
= Favorable odds / Total odds
= 96 / (96 + 1)
= 0.9897
The probability that the NC State logo is profitable is:
= Favorable odds / Total odds
= 24 / (24 + 1)
= 0.9600
There is less than a 3% variation in both logos' profitablility probability so the company should not spend 4 times more on UNC-CH.
Find out more on probabilities of profit at brainly.com/question/13500115.
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Answer:
i dont know what it is
Step-by-step explanation:
maybe a
Answer:
0.09
Step-by-step explanation:
Step-by-step explanation:
20fruits=100%
5fruits=?
5x100/20 5fruitsx5%
=24%
