It has been found that 1 out of every 10 municipal bills is incorrect. If we randomly select a sample of 14 bills, what is the probability that: Q.2.1.1 Twelve of the bills will be correct? Interpret your answer. Q.2.1.2 No more than three of the bills will be incorrect? Interpret your answer. Q.2.1.3 More than three of the bills will be incorrect? Interpret your answer

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
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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It has been found that 1 out of every 10 municipal bills is incorrect. If we randomly select a sample of 14 bills, what is the probability that:

Q.2.1.1 Twelve of the bills will be correct? Interpret your answer.

Q.2.1.2 No more than three of the bills will be incorrect? Interpret your answer.

Q.2.1.3 More than three of the bills will be incorrect? Interpret your answer.

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