Question
A postal company sends packages to its customers. The company has a record that the packages get lost independently from one another with a probability
A postal company sends packages to its customers. The company has a record that the packages get lost independently from one another with a probability of 0.04 or the packages break with a probability of 0.10.
- What is the probability that a package sent, will arrive intact?
- What is the probability that a package sent, will arrive broken?
- If we send 100 packages, that are independently handled from one another. Let X be the amount of packages that arrive intact. What is the distribution of X, the E(x) and the Var(X)
- What is the probability that from 100 packages at least 88 arrive intact?
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
