That number is the ratio of 578,778,777 to 100,000,000 , so it's rational.
Here's a surprising factoid:
ANY number that you can completely write down on paper with digits...
and a decimal point or a fraction bar if you need them ... is rational.
If you can write it down ... without saying "repeating" or using symbols ...
it's rational.
The probability that the new UNC-CH logo will be profitable is <u>0.9897 </u>while the probability for NC State will be <u>0.9600.</u>
<h3 /><h3>What is the probability that the brands will be successful?</h3>
The probability that the UNC-CH logo is successful is:
= Favorable odds / Total odds
= 96 / (96 + 1)
= 0.9897
The probability that the NC State logo is profitable is:
= Favorable odds / Total odds
= 24 / (24 + 1)
= 0.9600
There is less than a 3% variation in both logos' profitablility probability so the company should not spend 4 times more on UNC-CH.
Find out more on probabilities of profit at brainly.com/question/13500115.
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Because, 9 x 9 = 81. Hope I helped!