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When processing credit-card applications there is a 40% chance that an application will have incomplete or insufficient information and require research. You have 5 applications in your to-do pile and would like to leave early today. (a) Fill in the values: n = (b) What is the probability of exactly three applications needing research? (enter a number between 0 and 1, 4 decimal places) Answer= (c) What is the expoctod

When processing credit-card applications there is a 40% chance that an application will have incomplete or insufficient information and require research. You have 5 applications in your to-do pile and would like to leave early today. (a) Fill in the values: n = (b) What is the probability of exactly three applications needing research? (enter a number between 0 and 1, 4 decimal places) Answer= (c) What is the expoctod

MATLAB: An Introduction with Applications
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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X P(x) =C p*q"-x %3D When processing credit-card applications there is a 40% chance that an application will have incomplete or insufficient information and require research. You have 5 applications in your to-do pile and would like to leave early today. (a) Fill in the values: n = q = (b) What is the probability of exactly three applications needing research? (enter a number between 0 and 1, 4 decimal places) Answer= (c) What is the expected number of applications that will need research? Answer= (d) What is the probability of having AT LEAST the expected number of applications needing research? (enter a number between 0 and 1, 4 decimal places) Answer= Please answer all parts of the question.
Transcribed Image Text:X P(x) =C p*q"-x %3D When processing credit-card applications there is a 40% chance that an application will have incomplete or insufficient information and require research. You have 5 applications in your to-do pile and would like to leave early today. (a) Fill in the values: n = q = (b) What is the probability of exactly three applications needing research? (enter a number between 0 and 1, 4 decimal places) Answer= (c) What is the expected number of applications that will need research? Answer= (d) What is the probability of having AT LEAST the expected number of applications needing research? (enter a number between 0 and 1, 4 decimal places) Answer= Please answer all parts of the question.
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