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?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
(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?
Step by step
Solved in 2 steps with 4 images