Research indicates 20% of all students entering a certain university withdraw from a course during their...
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Research indicates 20% of all students entering a certain university withdraw from a course during their first year. What is the probability that fewer than 300 of this year's entering class of 1500 will withdraw from a class? Question 2: In a certain automobile dealership, 65% of all customers purchase an extended warranty with their new car. For 13 customers selected at random: i. Find the probability that exactly 11 will purchase an extended warranty ii. Find the probability at most 10 will purchase an extended warranty Research indicates 20% of all students entering a certain university withdraw from a course during their first year. What is the probability that fewer than 300 of this year's entering class of 1500 will withdraw from a class? Question 2: In a certain automobile dealership, 65% of all customers purchase an extended warranty with their new car. For 13 customers selected at random: i. Find the probability that exactly 11 will purchase an extended warranty ii. Find the probability at most 10 will purchase an extended warranty
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Answer rating: 100% (QA)
Answer To solve these probability problems we can use the binomial probability distribution formula ... View the full answer
Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
Posted Date:
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