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Probability Distribution Question - Please explain the answer Ruth, the owner of a mail-order business, estimates that the probability that a household receiving one of
Probability Distribution Question - Please explain the answer
Ruth, the owner of a mail-order business, estimates that the probability that a household receiving one of her catalogs will place an order with her is 0.2. How many catalogs must Ruth send out to ensure that the chances of obtaining at least one order is 40% or better?
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