For a particular clothing store, a marketing firm finds that 16% of $10-off coupons delivered by mail are redeemed. Suppose six customers are randomly selected and are mailed $10-off coupons. What is the expected number of coupons that will be redeemed?
A) 0.81
B) 0.96
C) 3.42
D) 5.04

Question

Quizplus · Accepted Answer

The expected number of coupons redeemed can be found by multiplying the probability of a single coupon being redeemed (16% or 0.16) by the total number of coupons sent out (6). So, the expected number is 0.16 * 6 = 0.96.

For a Particular Clothing Store, a Marketing Firm Finds That