document.write( "Question 272413: this is the question im tying to figure out - Historically, 5 percent of a mail-order firm’s repeat charge-account customers have an incorrect
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document.write( "current address in the firm’s computer database. (a) What is the probability that none of the next 12
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document.write( "repeat customers who call will have an incorrect address? (b) One customer? (c) Two customers?
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document.write( "(d) Fewer than three? (e) Construct the probability distribution (using Excel or Appendix A), make
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document.write( "a graph of its PDF, and describe its shape. \n" );
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Algebra.Com's Answer #199301 by stanbon(75887) ![]() You can put this solution on YOUR website! Historically, 5 percent of a mail-order firm’s repeat charge-account customers have an incorrect current address in the firm’s computer database. \n" ); document.write( "---------------- \n" ); document.write( "Binomial Problem with n = 12 ; p = 0.05 \n" ); document.write( "---------------- \n" ); document.write( "(a) What is the probability that none of the next 12 \n" ); document.write( "repeat customers who call will have an incorrect address? \n" ); document.write( "P(x= 0) = 12C0(0.05)^0(0.95)^12 = 0.54.. \n" ); document.write( "-------------------------------- \n" ); document.write( "(b) One customer? \n" ); document.write( "P(x= 1) = 12C1(0.05)^1(0.95)^11 = 0.34.. \n" ); document.write( "-------------------------------- \n" ); document.write( "(c) Two customers? \n" ); document.write( "P(x= 2) = 0.099 \n" ); document.write( "------------------------ \n" ); document.write( "(d) Fewer than three? \n" ); document.write( "P(0<= x <= 2) = Binomcdf(12,0.05,2) = 0.98.. \r \n" ); document.write( "\n" ); document.write( "(e) Construct the probability distribution (using Excel or Appendix A), make \n" ); document.write( "a graph of its PDF, and describe its shape. \n" ); document.write( "Can't show you that on this site. \n" ); document.write( "=========================================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |