An Ice Cream Stand Reports That 12% of the Cones

question 657

Multiple Choice

An ice cream stand reports that 12% of the cones they sell are "jumbo" size. You want to see what a
"jumbo" cone looks like, so you stand and watch the sales for a while. What is the probability there
Is exactly 1 jumbo among the first 6 cones sold by the ice cream stand?

• A) 54%
• B) 84%
• C) 38%
• D) 6%
• E) 12%

---

Definitions:

Increase In Revenue

A rise in the amount of money generated from a company's business activities, typically seen as a positive indicator of growth and financial health.

Design Services

Professional services that involve planning, creating, and conceptualizing designs for a wide range of industries and purposes.

Accounting System Development

The process of creating and implementing a system for tracking and analyzing financial transactions and performance.

Three-Step Process

A generic term for any methodology or procedure that is broken down into three distinct stages or phases to achieve a particular goal or complete a task.