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The market research department at a manufacturing plant determines that 20% of the people who purchase the plant's produ
Posted: Thu Jun 30, 2022 9:34 pm
by answerhappygod
- The Market Research Department At A Manufacturing Plant Determines That 20 Of The People Who Purchase The Plant S Produ 1 (16.7 KiB) Viewed 40 times
The market research department at a manufacturing plant determines that 20% of the people who purchase the plant's product during any month will not purchase it the next month. On the other hand, 40% of the people who do not purchase the product during any month will purchase it the next month. In a population of 1000 people, 100 people purchased the product this month. How many will purchase the product next month and in 2 months? (a) next month (b) in 2 months people people