Mathematics, 18.12.2020 16:00, iancuteodora30
A cereal company hopes to increase its sales by putting prizes in randomly selected boxes of its lowest-selling children’s cereal. The company claims that the probability of getting a prize is 0.75.
Which is the correct interpretation of this probability?
This company expects to increase cereal sales by 75%.
There is a guarantee of getting 3 prizes when buying 4 boxes of this type of cereal.
In many, many boxes of cereal of this type, we can expect about 75% of the boxes to contain a prize.
The claim of this company is correct if exactly 75 out of 100 boxes of this type of cereal contain a prize.
Answers: 2
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A cereal company hopes to increase its sales by putting prizes in randomly selected boxes of its low...
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