statistics

posted by .

Five percent of all items sold by a mail-order company are returned by customers for a refund. Find the probability that of two items sold during a given hour by this company both will be returned for a refund

  • statistics -

    Please only post your questions once. Repeating posts will not get a quicker response. In addition, it wastes our time looking over reposts that have already been answered in another post. Thank you.

  • statistics -

    an average of 0.56 defects per 500 yards. Using the Poisson formula, find the probability that the number of defects in a given 500-yard piece of this fabric will be more than 3

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Accounting urgent

    Prepare the journal entries to record the following transactions on Panther Company‚Äôs books using a perpetual inventory system. (For multiple debit/credit entries, list accounts in order of magnitude.) (a) On March 2 Panther Company …
  2. math

    The amount of revenue a company makes per day by selling x items is given by the function f(x) = 14x - 0.2x2. How many items should be sold if the company wants to maximize their profit?
  3. math

    The amount of revenue a company makes per day by selling x items is given by the function f(x) = 14x - 0.2x2. How many items should be sold if the company wants to maximize their profit?
  4. statistics

    Three percent of all items sold by a mail-order company are returned by customers for a refund. Find the probability that of two items sold during a given hour by this company both will be returned for a refund
  5. statistics

    Five percent of all items sold by a mail-order company are returned by customers for a refund. Find the probability that of two items sold during a given hour by this company both will be returned for a refund
  6. statistics

    Five percent of all items sold by a mail-order company are returned by customers for a refund. Find the probability that of two items sold during a given hour by this company both will be returned for a refund
  7. statistics

    Five percent of all items sold by mail order company are returned by customers for a refund. Find the probability that, of two items sold during a given hour by this company, a) both will be returned for a refund b) neither will be …
  8. statistics

    Five percent of all items sold by a mail-order company are returned by customers for a refund. Find the probability that of two items sold during a given hour by this company both will be returned for a refund (round to four decimal …
  9. stats

    Five percent of all items sold by a mail-order company are returned by customers for a refund. Find the probability that, of two items sold during a given hour by this company, neither will be returned for a refund.
  10. Accounting

    Zell Company had sales of $1,800,000 and related cost of merchandise sold of $1,150,000 for its first year of operations ending December 31, 2016. Zell Company provides customers a refund for any returned or damaged merchandise. At …

More Similar Questions