Question: 0 Question 4 B 1 pt '01 (D Details According to the National Center for Education Statistics, only 43% of first-time students complete their bachelor's

0 Question 4 B 1 pt '01 (D Details According to the National Center for Education Statistics, only 43% of first-time students complete their bachelor's degree in six years. If 5 students are randomly selected, find the probability that (Round the answers to 4 decimal places.) a) none of them will complete their bachelor's degree in six years: ii] b) 2 of them will complete their bachelor's degree in six years: D c) at most 4 will complete their bachelor's degree in six years: l3 Question Help: 8 Message instructor 0 Question 5 E4 1 pt '0 1 (D Details Assume that a car rental company operates a fleet of 185 cars on a particular day. Historically, the probability that a customer will show up for a randomly selected reservation is 96%. 1. Assume that all 185 cars were booked. Let X be the number of reservations for which the customer showed up. a. Describe the distribution of X: X~ ?o (n=C],p=C]) b. Find the probability that there will be available cars at the end of the day, in other words, find the probability that not all customers will show up: P(X g D) 2 (Round the answer to 4 decimal places) c. Find the expected number of customers who show up to pick up a car: E[X] 2 (Round the answer to the whole number) d. Find the expected number of available cars a the end of the day by subtracting the ElX] from the number of available cars: l J (Round the answer to the whole number) 2. Assume that the car rental company sells 4 more booking(s). Let Y be the number of reservations for which the customer showed up. 3. Describe the distribution of Y: YNYCULLI ],})=[ I) b. Find the probability that more customers will show up than there are available cars: P(Y / l l) ; l ](Round the answer to4decimal places) nnocnn Uni.\" [CI \"Nu
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
