A Recent Market Study Has Determined That the Probability That

question 3

Multiple Choice

A recent market study has determined that the probability that a young adult would be willing to try a new online financial service that your company is offering is 50%.In a random sample of 10 young adults, the probability that exactly 5 will be willing to try this new service is _________, and the approximate probability (using the normal distribution is) _________.

• A)0.251; 0.246
• B)0.246; 0.242
• C)0.246; 0.248
• D)0.249; 0.251
• E)0.248; 0.246

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Definitions:

Reaction

A procedure where compounds react to create new entities possessing distinct physical and chemical characteristics.

Organic Product

A compound containing carbon atoms that is produced as a result of an organic chemical reaction.

Major Organic

This term alone lacks specificity but could imply the primary organic compound or constituent in a mixture or reaction.

Reactions

Processes where chemical substances undergo a change to produce one or more different substances.