Question
1- Dorothy Little purchased a mailing list of 2,000 names and addresses for her mail order business, but after scanning the list she doubts the
1- Dorothy Little purchased a mailing list of 2,000 names and addresses for her mail order business, but after scanning the list she doubts the authenticity of the list. She randomly selects five names from the list for validation. If 40% of the names on the list are non-authentic, and x is the number of non-authentic names in her sample, P(x<2) is ______________.
0.9853
0.5000
0.3370
0.9785
0.2333
2- A large industrial firm allows a discount on any invoice that is paid within 30 days. Of all invoices, 10% receive the discount. In a company audit, 15 invoices are sampled at random. The mean (average) value of the number of the 15 sampled invoices that receive discount is _______.
1.5
3
2
1
10
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