An insurance company reported that 75% of all automobile damage claims were made by people under the age of 25. If ten automobile damage claims were selected at random, determine the probability that exactly two of them were made by someone under the age of 25. The probability is_.(Type an integer or decimal rounded to five decimal places as needed.)
An insurance company reported that 75% of all automobile damage claims were made by people under the age of 25. If ten automobile damage claims were selected at random, determine the probability that exactly two of them were made by someone under the age of 25. The probability is_.(Type an integer or decimal rounded to five decimal places as needed.)
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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An insurance company reported that
75% of all automobile damage claims were made by people under the age of 25.
If ten automobile damage claims were selected at random, determine the
The probability is_.
(Type an integer or decimal rounded to five decimal places as needed.)
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