OPMT 1197 Quiz 4

When processing credit-card applications there is a 20% chance that an application will have incomplete or insufficient information and require research.  You have 10 applications in your
to-do pile and would like to leave early today.

(a) Fill in the values:   [2 marks]    n =   p =  q =  

(b) What is the probability of exactly three applications needing research? [4 marks]

ANSWER (4 decimal places):  

(c) What is the expected number of applications that will need research? [1 mark]

 

ANSWER: 

(d) What is the probability of having UP TO the expected number of applications needing research?  [5 marks]
 

ANSWER (4 decimal places):