The Brand Name of a Certain Chain of Coffee Shops

question 57

Multiple Choice

The brand name of a certain chain of coffee shops has a 50% recognition rate in the town of Coffleton. An executive from the company wants to verify the recognition rate as the company is Interested in opening a coffee shop in the town. He selects a random sample of 9 Coffleton Residents. Find the probability that the number that recognize the brand name is not 4.

• A) 0.754
• B) 0.164
• C) 0.246
• D) 0.00195

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Definitions:

Re-create

To create again or anew, especially in a way that is improved or modified.

Negotiate

To discuss something in an attempt to reach agreement, especially in a business or political context.

Interpret

The act of explaining, understanding, or assigning meaning to something, such as language, actions, or events, often requiring a degree of analysis or contextual knowledge.

Abstract Ideas

Concepts that are not tangible or concrete, existing in thought or as an idea but not having a physical existence.