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In 2017, Smith's Appliance Depot sales information shows that 25% of appliance sales were dryers. When evaluating their current inventory, Smith expects to sell 50

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In 2017, Smith's Appliance Depot sales information shows that 25% of appliance sales were dryers. When evaluating their current inventory, Smith expects to sell 50 appliances. Based on this information, Smith believes that the probability of selling 8 or more dryers is greater than 90%. Therefore, h is scheduling a delivery of 10 dryers. Is this a sound decision based on the correct discrete probability distribution? Why or why not based on calculations. Hint: We are looking as successes (appliance sold is a dryer) and failures (appliance sold is NOT a dryer); ask yourself (1) does one customer's appliance purchase influence the next customer's purchase decision, (2) is an interval used? Search entries or author Unread

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