In the past few years, outsourcing overseas has become more frequently used than ever before by U.S. companies. However, outsour

Question

3 years ago

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In the past few years, outsourcing overseas has become more frequently used than ever before by U.S. companies. However, outsour

cing is not without problems. A recent survey by Purchasing indicates that 20% of the companies that outsource overseas use a consultant. Suppose 15 companies that outsource overseas are randomly selected. a. What is the probability that exactly 5 companies that outsource overseas use a consultant

Mathematics

1 answer:

frozen [14] · Answer 1 · 2022-06-03T10:41:07+03:00

Answer:

<h2>0.1</h2><h2>Step-by-step explanation:</h2>

please see attached the annotated solution

Given data

p=20%= 0.2

n=15 companies

let x = 5 the number of companies that outsource to overseas consultants

The binomial probability distribution is given as

P(x=λ)=nCx*P^x*q^n-x

we also know that q=1-p