A fairly good estimate for a long-term loan with a moderate or high interest rate is that the monthly payment is _____ as large
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Answer:
0.0064 is the probability that Isaac will find his first defective can among the first 50 cans.
Step-by-step explanation:
W are given the following in the question:
Probability of defective can =
We have to find the probability that Isaac will find his first defective can among the first 50 cans.
Then the number of adults follows a geometric distribution, where the probability of success on each trial is p, then the probability that the kth trial (out of k trials) is the first success is
We have to evaluate:
0.0064 is the probability that Isaac will find his first defective can among the first 50 cans.