Question
A company knows from warranty claims that 2% of a particular product will be faulty. It would like to interview a purchaser of a faulty
A company knows from warranty claims that 2% of a particular product will be faulty. It would like to interview a purchaser of a faulty product to assess their user experience, so they randomly phone customers who have purchased this product. What is the probability that the first purchaser of a faulty product will be found on the 20th phone call?
Assume that whether a purchaser receives a faulty product is independent of all other purchasers, and give your answer to at least 3 decimal places.
Explain it clearly and need only typed ansers
Thank you
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