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A brand name has a recognition rate of 90 if the owner of

A brand name has a recognition rate of 90%. If the owner of the brand wants to verify this with a small sample of 10 randomly selected consumers find the probability that 9 of the 10 consumers recognize the brand name as well as the probability that 9 out of 10 do not.

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Finance Basics: A brand name has a recognition rate of 90 if the owner of

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