ay Your bills: A company audit showed that of 581 bills that were sent out, 324 were paid on time, 125 were paid up to 30 days late, 60 were paid between 31 and 90 days late, and 72 remained unpaid after 90 days. One bill is selected at random. (a) What is the probability that the bill was paid on time? Round your answer to four decimal places. (b) What is the probability that the bill was not paid on time?
ay Your bills: A company audit showed that of 581 bills that were sent out, 324 were paid on time, 125 were paid up to 30 days late, 60 were paid between 31 and 90 days late, and 72 remained unpaid after 90 days. One bill is selected at random. (a) What is the probability that the bill was paid on time? Round your answer to four decimal places. (b) What is the probability that the bill was not paid on time?
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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Pay Your bills: A company audit showed that of 581 bills that were sent out, 324 were paid on time, 125 were paid up to 30 days late, 60 were paid between 31 and 90 days late, and 72 remained unpaid after 90 days. One bill is selected at random.
(a) What is the probability that the bill was paid on time? Round your answer to four decimal places.
(b) What is the probability that the bill was not paid on time?
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