Ayobami S.

asked • 08/20/20

Assistance on probability

A business has Brand A, Brand B and Brand C of the same product. Market research has shown that 43% of costumers that purchase this product will choose Brand A. An organization conducts a poll of 100 consumers. Find the probability that 40 to 45 of the 100 consumers will prefer Product A, given the 43% brand preference is correct.


1 Expert Answer

By:

Mike D. answered • 08/20/20

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Mike D.

You can also approximate this with a normal distribution with mean = np = 100x0.43 = 43, standard deviation = 100 x 0.43 x 0.57 = 24.51. Find the area to the left of X=45 (find the Z score then use the area table) and subtract the area to the left of X=40
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08/20/20

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