Catalog Age lists the top 17 U.S. firms in annual catalog sales. Dell Computer is number one
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Catalog Age lists the top 17 U.S. firms in annual catalog sales. Dell Computer is number one followed by IBM and W.W. Grainger. Of the 17 firms on the list, 8 are in some type of computer-related business. Suppose four firms are randomly selected.
a. What is the probability that none of the firms is in some type of computer-related business?
b. What is the probability that all four firms are in some type of computer-related business?
c. What is the probability that exactly two are in non-computer-related business? Discuss.
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Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
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