Question
Question Number 01: [05 Marks] A sales firm sells a specific product, on average, 10 trillion units per annum. For any given year, find the
Question Number 01: [05 Marks] A sales firm sells a specific product, on average, 10 trillion units per annum. For any given year, find the probability that it will sell the following: a) At most 10 trillion units b) At least 10 trillion units c) 10 or more trillion units Also, mention the type of distribution this random experiment follows.
Question Number 02: [05 Marks] Each month, an American household generates an average of 28 pounds of newspaper for garbage or recycling. Assume the variable is approximately normally distributed and the standard deviation is 2 pounds. If a household is selected at random, find the probability of its generating: a) Between 27 and 31 pounds per month b) More than 30.2 pounds per month
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