Multiple Choice
Exhibit 5-11.For a particular clothing store,a marketing firm finds that 16% of $10-off coupons delivered by mail are redeemed.Suppose six customers are randomly selected and are mailed $10-off coupons. Refer to Exhibit 5-11.What is the expected number of coupons that will be redeemed?
A) 0.81
B) 0.96
C) 3.42
D) 5.04
Correct Answer:
Verified
Correct Answer:
Verified
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