Question: In developing their warranty policy an automobile company estimates that

In developing their warranty policy, an automobile company estimates that over a 1-year period 17% of their new cars will need to be repaired once, 7% will need repairs twice, and 4% will require three or more repairs. If you buy a new car from them, what is the probability that your car will need:
a) No repairs?
b) No more than one repair?
c) Some repairs?

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  • CreatedMay 14, 2015
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