(Answered) Colgate-palmolive inc recently developed a new toothpaste

Statistics

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?

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M91528775
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

Initial outlay is 16853year 1 5625year 2 5504year 3

Initial outlay is $16,853 Year 1 $5,625 Year 2 $5,504 Year 3 $5,892 Year 4 $8,851 What is the discounted payback period? The discount rate is 10%...Round answer to two decimal points

A production system has two spares of a critical component

A production system has two spares of a critical component that have average uptime 1/lamba = 1 month. Find the probability that the 3 components (the operating one and the two spares) will last more than 6 months. Assum ...

Consider the probability distribution shown belowx 0 1 2 px

Consider the probability distribution shown below. x 0 1 2 P(x) 0.65 0.30 0.05 Compute the expected value of the distribution. Compute the standard deviation of the distribution. (Round your answer to four decimal places ...

What is the future value of a 1000 annuity payment over 4

What is the future value of a $1,000 annuity payment over 4 years if the interest rates are 8 percent?

The following data represents rain fall x and yield of

The following data represents rain fall (x) and yield of paddy per hectare (y) in a particular area. X 113 102 95 120 140 130 125 Y 1.8 1.5 1.3 1.9 1.1 2.0 1.7 Fit the regression equation x and y. Estimate Y when x= 145. ...

A researcher records the sound in decibels during a series

A researcher records the sound (in decibels) during a series of lessons taught by a substitute teacher at a local elementary school. In his study, he found that the sound was 20±2 (M±SD) decibels. Assuming the data are n ...

How does a histogram help us know the probability of

How does a histogram help us know the probability of getting a certain value for a variable? In other words how does the histogram relate to probability?

A statistics student has collected data from a random

A statistics student has collected data from a random sample of 20 college students at his school. He collected data on many variables including GPA (grade point average) and how many hours per week they play video games ...

Assuming that the bank wants assets with high yields and

Assuming that the bank wants Assets with High Yields and Liabilities with Low Costs then what decisions would the bank make for the Interest Rates on both Loans (Fixed Rate Corporate, Floating Rate Corporate, Installment ...

Two different batteries are being considered for an

Two different batteries are being considered for an industrial application. A random sample of 30 of Battery A produces a mean of 16.4 hours of useful voltage with a standard deviation of 3.2 hours. A sample of 30 of Bat ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Statistics and Probability Expert