12.-2 2 points LarLinNg8 2.5.011 My Notes Ask Your Teacher The market research d

Question

12.-2 2 points LarLinNg8 2.5.011 My Notes Ask Your Teacher 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, 30% of the people who do not purchase the product during any month will purchase it the next month. In a population of 1000 people, 200 people purchased the product this month. How many will purchase the product next month and in 2 months? (a) next month people (b) in 2 months people

Explanation / Answer

A) no. Of people who Will buy product next month =

800×30÷100 = 240

240 people will buy product next month.

B) in two month total 200+240 = 440 people Will buy product in next two months

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