How should the decimal point in 8.403 be moved to determine the product of 10,000 × 8.403? Move it 1 place to the right move it
1 answer:
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Answer:
55.2% probability that the customer is charged incorrectly on at least 3 items.
Step-by-step explanation:
For each item, there are only two possible outcomes. Either it is charged incorrectly, or it is not. The probability of an item being charged incorrectly is independent from other items. So we use the binomial probability distribution to solve this question.
Binomial probability distribution
The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.
In which is the number of different combinations of x objects from a set of n elements, given by the following formula.
And p is the probability of X happening.
A survey finds customers are charged incorrectly for an item 20% of the time.
This means that
Find the probability that the customer is charged incorrectly on at least 3 items.
Either the customer is charged incorrectly on 2 or less items, or he is charged on at least 3. The sum of the probabilities of these events is 1.
So
We want
So
In which
55.2% probability that the customer is charged incorrectly on at least 3 items.