Question: When processing credit card applications there is a 20% chance that an application will have incomplete or insufficient information and require research You have 10

When processing credit card applications there is a 20% chance that an application will have incomplete or insufficient information and require research You have 10 applications in your to do pile and would like to leave early today (a) Fill in the values: [2 marks] n=p=q= (6) What is the probability of exactly three applications needing research? [4 marks] ANSWER (4 decimal places): (2) What is the expected number of applications that will need research? [1 mark] ANSWER: (d) What is the probability of having UP TO the expected number of applications needing research? (5 marks] ANSWER (4 decimal places)

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