Consider the Following to Answer the Question(s) Below

question 19

Multiple Choice

Consider the following to answer the question(s) below:
According to a recent survey, about 33% of Canadians polled said that they would likely purchase reusable cloth bags for groceries in order to reduce plastic waste. Suppose 45 shoppers are interviewed at a local supermarket.
-What is the probability that no more than 12 shoppers will say that they are likely to purchase reusable cloth bags for groceries?

• A) -0.90
• B) 0.90
• C) 0.267
• D) 0.816
• E) 0.184

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Definitions:

Liabilities

Liabilities are financial obligations or debts that an entity owes to external parties, expected to be settled over time through the transfer of economic benefits.

Owner's Equity

The residual interest in the assets of a business after all liabilities are subtracted, representing ownership's claim on assets.

Expenses

Expenses are the outflows or the utilization of assets or incurring of liabilities during a period in the course of generating revenue.

Cash

A liquid asset representing currency or its equivalents that can be used immediately in transactions without any conversion or delay.