A clothing store has a return policy that allows a customer to exchange items or cash refund. 25% of customers choose cash refund. If there are 16 customers come for return, find (a) the probability that there are more than 2 customers choose cash refund. (b) the mean and standard deviation of the number of customers choose cash refund.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
icon
Related questions
Question
100%
Q7
QUESTION 7
A clothing store has a return policy that allows a customer to exchange items or cash refund.
25% of customers choose cash refund. If there are 16 customers come for return, find
(a) the probability that there are more than 2 customers choose cash refund.
(b) the mean and standard deviation of the number of customers choose cash refund.
Transcribed Image Text:QUESTION 7 A clothing store has a return policy that allows a customer to exchange items or cash refund. 25% of customers choose cash refund. If there are 16 customers come for return, find (a) the probability that there are more than 2 customers choose cash refund. (b) the mean and standard deviation of the number of customers choose cash refund.
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt