Multiplying by 1.36 is the same as increasing by %.
2 answers:
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Answer:
a) Binomial.
b) n=20, p=0.01, k≥2
The probability hat a package sold will be refunded is P=0.0169.
Step-by-step explanation:
a) We know that
- the defective probability is constant and independent.
- the sample size is bigger than one subject.
The most appropiate distribution to represent this random variable is the binomial.
b) The parameters are:
- Sample size (amount of clips in the package): n=20
- Probability of defective clips: p=0.01.
- number of defective clips that trigger the money-back guarantee: k≥2
The probability of the package being refunded can be calculated as: