Assume that a Web site changes its content according to the distribution in Exercise 3-34. Assume that

Question:

Assume that a Web site changes its content according to the distribution in Exercise 3-34. Assume that 10 changes are made independently.

(a) What is the probability that the change is made in less than 4 days in 7 of the 10 updates?

(b) What is the probability that the change is made in less than 4 days in 2 or fewer of the 10 updates?

(d) What is the expected number of the 10 updates that occur in less than 4 days?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...

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