A Total of 60% of the Customers of a Fast-Food

question 67

Multiple Choice

A total of 60% 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 10 or more will show that the above three food items were ordered?

• A)1.000
• B)0.186
• C)0.403
• D)0.000

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Definitions:

Fee Simple

The most complete ownership interest one can hold in real property, with the freedom to use it, sell it, or bequeath it, under the laws of the jurisdiction.

Financial Difficulties

Financial difficulties are situations where an individual or entity is unable to meet financial obligations due to lack of resources, impacting their economic stability.

Residential Property

Property designated for living purposes, such as houses, apartments, condos, and other dwellings where individuals or families reside.

Mortgage

A legal agreement where a bank or lender lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.