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A technology company offers an inexpensive method of updating software. However, the method is not foolproof. The company estimates that after the update, 1 5
A technology company offers an inexpensive method of updating software.
However, the method is not foolproof. The company estimates that after the update, percent of
the systems will still have bugs.
a The IT manager of a company hired this technology company to update the software on five
systems. What is the probability that after the update, at least two of these systems will still have
bugs? marks
b The company offers a guarantee that pays $ if a system still has bugs after the update. If the
company updates systems, find the mean and standard deviation of the amount of money that
the company will have to pay as a result of this guarantee. marks
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