There are 600 economics students in the post graduate class of a university, and the probability for any student to need a copy of a particular book form the university library on any day is 0.05. How many copies of the book should be kept in the university library so that the probability may be greater than 0.9 that none of the students needing a copy from the library has to come back disappointed?

There are 600 economics students in the post graduate class of a university, and the probability for any student to need a copy of a particular book form the university library on any day is 0.05. How many copies of the book should be kept in the university library so that the probability may be greater than 0.9 that none of the students needing a copy from the library has to come back disappointed?

Name: There are 600 economics students in the post graduate class of a unive
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Description: There are 600 economics students in the post graduate class of a university, and the probability for any student to need a copy of a particular book form the university library on any day is 0.05. How many copies of the book should be kept in the uni

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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