Question

out of 50 customers surveyed, 22 of them stated that they would buy a protection plan. if 700 customers came in the next day predict how many of them would probably buy the protection plan. please show work.

Answer 1

Out of 50 customers surveyed, 22 of them stated that they would buy a protection plan.
On the next day, 700 customers came.
Let’s predict how many of them would probably buy the protection plan.
Ratio = 50 : 22 = 700 : x
=> 700 * 22 = 15 400
=> 15 400 / 50 = 308
Thus, if 700 customer came in the next day, around 308 of the customers will buy life plan.