Find the indicated probability.
-The brand name of a certain chain of coffee shops has a 46% recognition rate in the town of Coffleton. An executive from the company wants to verify the recognition rate as the company is interested in opening a
Coffee shop in the town. He selects a random sample of 8 Coffleton residents. Find the probability that exactly 4
Of the 8 Coffleton residents recognize the brand name.
A) 0.250
B) 0.0448
C) 0.00381
D) 0.267
Correct Answer:
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