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Your company has noticed that historically shipments from your warehouse are delayed 20% of the time. As part of an annual review you decide to
Your company has noticed that historically shipments from your warehouse are delayed 20% of the time. As part of an annual review you decide to monitor the next 13 shipments. Using this information determine the following probabilities as decimals:
None of the shipments are delayed: Answer
Exactly two are delayed: Answer
At least two are delayed: Answer
Less than three are delayed: Answer
Four or more are delayed: Answer
What is the expected number of delays from the 13 shipments: Answer
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