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Posted on Jun 20, 2024

MBS Direct believes that only 85% of our registered students will stay registered in a class long enough to purchase the required textbook.Let's pick on

MBS Direct believes that only 85% of our registered students will stay registered in a class long enough to purchase the required textbook.Let's pick on our STAT 200 students.According to the Registrar's Office, we have 600 students enrolled in STAT 200 this fall 2019.

Suppose you are the CEO of MBS Direct, and you want to perform a probability analysis.What would be the number of STAT 200 textbook bundles you would order so that you stay below 5% probability of having to back-order from Pearson Custom Publishing?

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Statistics For Engineers And Scientists

Authors: William Navidi

3rd Edition

9780073376332

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