In the first quarter of 2013, company A held approximately 76% of the wireless phone market in a country, while company B held 24%. Assuming that 1000 wireless phone customers are selected at random, what is the probability that at least 800 will be company A customers?
In the first quarter of 2013, company A held approximately 76% of the wireless phone market in a country, while company B held 24%. Assuming that 1000 wireless phone customers are selected at random, what is the probability that at least 800 will be company A customers?
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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In the first quarter of 2013, company A held approximately 76% of the wireless phone market in a country, while company B held 24%. Assuming that 1000 wireless phone customers are selected at random, what is the probability that at least 800 will be company A customers?
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