A package delivery service claims that no more than 5 percent of all packages arrive at the address late
Assuming that the conditions for the binomial hold, if a sample of size 10 packages is randomly selected, and the 5 percent rate holds, what is the probability that exactly 2 packages in the sample arrive late?A) 0.0746
B) 0.9884
C) 0.2347
D) 0.0439
A
Business
You might also like to view...
When budgeting expenses which of the following items would the property manager consider a fixed expense?
A. Roof repairs. B. Decorating C. Capital improvements. D. Real estate taxes.
Business
The online metric that measures how long an individual stays at a particular site is:
A) clickthroughs B) length of engagement C) impressions D) brand awareness
Business