B) keeping an open mind and being inquisitive.
$5,000 because 10,000-2,000=8,000 is left then another 2,000 taken out would leave you with 6,000 then 1,000 taken would leave you with $5,000
Answer:
probability = 0.008
probability = 0.0256
Explanation:
we know here probability of defective is 0.2
so probability of not defective is 1 - 0.2 = 0.8
as we know 3 item is arrive off process line in succession
so The probability that an item is defective is
as P(defective) = 0.20
as all item are independent so
probability that all three items are defective is
probability = 0.20 × 0.20 × 0.20 = 0.008
and
probability that exactly 3 of next 4 are defective
so number of way that can choose 3 out of 4 is
= ![\frac{4!}{3! ( 4-3)!}](https://tex.z-dn.net/?f=%5Cfrac%7B4%21%7D%7B3%21%20%28%204-3%29%21%7D)
= 4
so as all are independent probability is
probability = ( the number of way to choose 3 out of 4 ) × ( 3 item defective ) × ( 1 item not defective )
probability =
× 0.2³ × ( 1- 0.2)
probability = 4 × 0.008 × 0.8
probability = 0.0256
Answer:
2. a leading indicator
Explanation: Customer satisfaction rating is a leading indicator because it can predict sales revenue (future performance).