Refer to Problem 5 39 Suppose that a quality improvement initiative
Refer to Problem 5.39. Suppose that a quality improvement initiative has reduced the percentage of medical bills containing errors to 40%. If a sample of 10 medical bills is selected, what is the probability that
a. 0 medical bills will contain errors?
b. Exactly 5 medical bills will contain errors?
c. More than 5 medical bills contain errors?
d. What are the mean and standard deviation of the probability distribution?
e. Compare the results of (a) through (c) to those of Problem 5.39 (a) through (c).
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