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Three percent of all items sold by a mail-order company are returned by customers for a refund. Find the probability that of tw...Asked by tim
Five percent of all items sold by a mail-order company are returned by customers for a refund. Find the probability that of two items sold during a given hour by this company both will be returned for a refund
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Answered by
tola
experiment for n=400, p=0.06, where p is the probability of a success
Answered by
PsyDAG
First, if you have a question, it is much better to put it in as a separate post in <Post a New Question> rather than attaching it to a previous question, where it is more likely to be overlooked.
Second, what is your question?
Second, what is your question?
Answered by
PsyDAG
Assuming that the percentage applies to an hour,
First item p=.05
Second item p = .05
The probability of all/both probabilities occurring is found by multiplying the individual probabilities.
First item p=.05
Second item p = .05
The probability of all/both probabilities occurring is found by multiplying the individual probabilities.
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