Exhibit 5-11 A Local Bottling Company Has Determined the Number of Machine

question 72

Multiple Choice

Exhibit 5-11
A local bottling company has determined the number of machine breakdowns per month and their respective probabilities as shown below:
-Refer to Exhibit 5-11. The probability of at least 3 breakdowns in a month is

• A)0.93
• B)0.88
• C)0.75
• D)0.25

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Definitions:

Buyer's Needs

The requirements, desires, or expectations that consumers have when looking for a product or service.

FAB Formula

A sales technique focusing on the features, advantages, and benefits of a product, designed to present its value proposition effectively.

Customer Profile

A detailed description of the characteristics, behaviors, and demographics of a business's typical customers.

Analogy

A comparison between two different situations that have something in common.