Solved

Ruth, the Owner of a Mail-Order Business, Estimates That the Probability

Question 209

Multiple Choice

Ruth, the owner of a mail-order business, estimates that the probability that a household receiving one of her catalogs will place an order with her is 0.3. How many catalogs must Ruth send out to ensure that the chance of obtaining at least one order is 55% or better? ​


A) 3
B) 5
C) 6
D) 4
E) 2

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions