a) Processor made by a certain company are considered to be defective with an independent probability 0.01. The company provides the processor in 10 pack. It offers a money-back guarantee that 1 of the 10 processor is faulty at most. What percentage will the company substitute parcels sold? What is expected number of packages sold must the company replace?

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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(a) Processor made by a certain company are considered to be defective with an independent probability 0.01.
The company provides the processor in 10 pack. It offers a money-back guarantee that 1 of the 10
processor is faulty at most. What percentage will the company substitute parcels sold? What is expected
number of packages sold must the company replace?

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