Question: be fraudulent is distributed as a binomial random variable. Complete parts ( a ) through ( d ) below. a . What are the mean
be fraudulent is distributed as a binomial random variable. Complete parts a through d below.
a What are the mean and standard deviation of the number of online retail orders that turn out to be fraudulent?
The mean number of online retail orders that turn out to be fraudulent is
Type an integer or a decimal. Round to four decimal places as needed.
The standard deviation of the number of fraudulent retail orders is
Type an integer or a decimal. Round to three decimal places as needed.
b What is the probability that zero online retail orders will turn out to be fraudulent?
Type an integer or a decimal. Round to four decimal places as needed.
c What is the probability that one online retail order will turn out to be fraudulent?
Type an integer or a decimal. Round to four decimal places as needed.
d What is the probability that two or more online retail orders will turn out to be fraudulent?
Type an integer or a decimal. Round to four decimal places as needed.
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