26. A company guarantees customer satisfaction on the purchaseof a product, or the company will refund the purchase price of theproduct. Previous experience has shown that 5% of tall purchasesare returned. What is the probability the that no more than 1 of thenext 8 purchased will be returned.

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Answered: 26. A company guarantees customer…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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After high school graduation you decide to become a chicken farmer. You experiment with several types of packaging, but even with the most secure cartons, 4% of your eggs break during shipping. Assuming that all eggs have the same probability of breaking, what is the probability that a carton of 12 eggs has at most 2 that are broken?
1. be a probability? Can the value
7. fast please Recently, a nurse commented that when a patient calls the medical advice line claiming to have the flu, the chance that he or she truly has the flu (and not just a nasty cold) is only about 4%. Of the next 25 patients calling in claiming to have the flu, we are interested in how many actually have the flu.Find the probability that at least three of the 25 patients actually have the flu. (Round your answer to four decimal places.)
In economics, of all new products put on the market, 60% failed and are taken off the market within 2 years. Suppose a store introduces 80 new products. What is the probability that within 2 years 55 or more will fail?
6.12, please
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26. A company guarantees customer satisfaction on the purchase of a product, or the company will refund the purchase price of the product. Previous experience has shown that 5% of tall purchases are returned. What is the probability the that no more than 1 of the next 8 purchased will be returned.