Historical Data Indicates That Only 20% of Cable Customers Are

question 156

Multiple Choice

Historical data indicates that only 20% of cable customers are willing to switch companies.If a binomial process is assumed,then in a sample of 20 cable customers,what is the probability that exactly 2 customers would be willing to switch their cable?

• A)0.1
• B)0.04
• C)0.137
• D)0.206
• E)0.794

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Definitions:

Responsibility

The obligation to carry out tasks and duties ethically and efficiently, often within a specific role or position.

Underlying Human Resource

The fundamental workforce or employee base that supports an organization's operations and strategic objectives.

Effective Hiring

The process of identifying, attracting, and selecting the most suitable candidates for a job in a timely and cost-efficient manner.

Communicating Expectations

Refers to the process of clearly and effectively outlining and sharing the goals, roles, and responsibilities expected within an organization or between individuals.