Answer:
<u></u>
Explanation:
Binomial experiments are modeled by the formula:
Where
<u>a.) P (x=1)</u>
<u>b.) P (x=5)</u>
<u>c.) P (x=3)</u>
Using the same formula:
<u>d.) P (x less than or equal to 3)</u>
Also,
You can use either of those approaches. The result is the same.
Using the second one:
<u>e.) P(x greather than or equal to 5)</u>
<u>f.) P(x less than or equal 4)</u>
Answer: B. Company 1's debt < Company 4's debt
Step-by-step explanation:
A is the answer