Over Time,it's Been Found That 45% of Customers at Daily

question 14

Multiple Choice

Over time,it's been found that 45% of customers at Daily Dose buy the Deluxe Joe.What is the probability that out of the next 10 customers,exactly five will buy the Deluxe Joe?

• A)1.85%
• B)100%
• C)23.4%
• D)98.16%

Understand the significance of the audit trail in improving internal controls.

Understand the concept of focused cost leadership and its importance in competitive strategy.

Recognize the significance of strategic leadership and corporate governance in the execution of business strategies.

Differentiate between various business strategies such as cost leadership, differentiation, and focus strategies.

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Definitions:

Non-Hispanic Whites

Individuals residing in the United States who identify as white and are not of Hispanic or Latino origin, according to demographic and census categories.

Hispanics

A term commonly used in the United States to refer to people of Spanish-speaking origin or ancestry, including those from Latin America and Spain.

Poverty Rate

The proportion of a population living below the poverty line, reflecting the percentage of people whose income falls below the threshold considered necessary to meet basic living needs.

Lowest Quintile

Refers to the bottom 20% of a population when divided by economic measures such as income or wealth.