If the number of orders at a production center this month is a Geom(0.7) random variable, find the probability that we'll have a t most 3 orders.
1 answer:
Answer: 0.973
Step-by-step explanation:
The probability mass function of geometric distribution is
, p= probability of success on a trial.
As per given, we have
p=0.7
The probability that we'll have at most 3 orders
hence, the required probability = 0.973
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