Sixty Percent of the Customers of a Fast Food Chain

question 44

Multiple Choice

Sixty percent of the customers of a fast food chain order a hamburger, French fries and a drink. If a
Random sample of 15 cash register receipts is selected, what is the probability that less than 10 will
Show that the above three food items were ordered?

• A) 1.000
• B) 0.7827
• C) 0.9095
• D) 0.5968
• E) 0.0905

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Definitions:

Net Loss

Net loss occurs when a company's expenses exceed its revenues during a specific period, reflecting a decrease in net assets from operations and other activities.

Equipment

Equipment refers to the tangible assets or tools used in the operation or production within a business, often subject to depreciation over time.

Apartment Building

A residential building containing multiple apartments for rent or lease.

Cost Recovery Deduction

A tax deduction that allows taxpayers to recover the cost of an asset over the time the asset is used, typically through depreciation.