There were 14 comma 627 new products introduced last year. If 78​% of the products introduced last year failed to reach their business​ objectives, find the number of products that were successful.

Answer 1

First, we need to find the number of products that failed to reach their business objectives:
78% of 14,627 = 0.78 * 14,627 = 11,421.06

Now, we subtract the number of failed products from the total number of products introduced to find the number of successful products:
14,627 - 11,421 = 3,206

Therefore, there were 3,206 products that were successful in reaching their business objectives.