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Question
a company took a survey about its new product. of the 8,000 people surveyed, 74% liked the new product. how many people liked the new product? people
Step1: Convert percentage to decimal
To find the number of people who liked the product, we first convert the percentage \(74\%\) to a decimal. We do this by dividing the percentage value by \(100\). So, \(74\%=\frac{74}{100}=0.74\).
Step2: Calculate the number of people
We know the total number of people surveyed is \(n = 8000\). To find the number of people who liked the product, we multiply the total number of people surveyed by the decimal equivalent of the percentage. Let \(x\) be the number of people who liked the product. Then \(x=0.74\times8000\).
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