SOLUTION: A bank’s head office is concerned about the accuracy of the reports being submitted by the bank’s newest branch. The head office observes that 10% of reports from the newest branch

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Question 888330: A bank’s head office is concerned about the accuracy of the reports being submitted by the bank’s newest branch. The head office observes that 10% of reports from the newest branch contain an error.
During a given week, the head office receives 5 reports from the newest branch. What is the probability that none of these 5 reports contains an error?

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
A bank’s head office is concerned about the accuracy of the reports being submitted by the bank’s newest branch. The head office observes that 10% of reports from the newest branch contain an error.
During a given week, the head office receives 5 reports from the newest branch. What is the probability that none of these 5 reports contains an error?
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Binomial Problem with n = 5 and p(error) = 0.1
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P(x = 0) = 0.9^5 = 0.5905
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Cheers,
Stan H.
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