A large mail sorting center finds that, on average, 0.5% of all letters have an incorrect address.

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A large mail sorting center finds that, on average, 0.5% of all letters have an incorrect address.

a. What is the probability that in a random sample of 500 letters at the center exactly 5 letters have an incorrect address?
b. What is the probability that the random variable x, where x = Number of letters with an incorrect address, will exceed its mean by more than 2 standard deviations in a random sample of 500 letters?

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Business Statistics A Decision Making Approach

ISBN: 9780134496498

10th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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