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Statistical Techniques in Business and Economics | 15th Edition | ISBN: 9780073401805 | Authors: Douglas Lind, William Marchal, Samuel Wathen
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Colgate-Palmolive Inc. recently developed a new toothpaste flavored with honey. It

Chapter 0, Problem 51

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QUESTION:

Colgate-Palmolive Inc. recently developed a new toothpaste flavored with honey. It tested a group of ten people. Six of the group said they liked the new flavor, and the remaining four indicated they definitely did not. Four of the ten are selected to participate in an in-depth interview. What is the probability that of those selected for the in-depth interview two liked the new flavor and two did not?

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QUESTION:

Colgate-Palmolive Inc. recently developed a new toothpaste flavored with honey. It tested a group of ten people. Six of the group said they liked the new flavor, and the remaining four indicated they definitely did not. Four of the ten are selected to participate in an in-depth interview. What is the probability that of those selected for the in-depth interview two liked the new flavor and two did not?

ANSWER:

Step 1 of 2

Colgate-Palmolive Inc. recently developed a new toothpaste flavored with honey. It tested a group of ten people.

Population size

People who liked the new flavor or number of successes

Sample size

Number of successes in the sample

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