What probability that he or she will value receiving coupon


Problem

Your company has a customer list that includes 200 people. Of those 200, your market research indicates that 140 hate receiving coupon offers, whereas the remainder really likes them. If you send a coupon mailer to one person at random, what is the probability that he or she will value receiving the coupon?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What probability that he or she will value receiving coupon
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