Past records indicate that the probability of online retail orders that turn out to be fraudulent is 0.07. Suppose that, on a given day, 18 online retail orders are placed. Assume that the number of online retail orders that turn out to be fraudulent is distributed as a binomial random variable. Complete parts (a) through (d) below. The mean number of online retail orders that turn out to be fraudulent is 1.2600 (Type an integer or a decimal. Round to four decimal places as needed.) The standard deviation of the number of fraudulent retail orders is 0.2708 (Type an integer or a decimal. Round to three decimal places as needed.) b. What is the probability that zero online retail orders will turn out to be fraudulent? 0.3669 (Type an integer or a decimal. Round to four decimal places as needed.) c. What is the probability that one online retail order will turn out to be fraudulent? (Type an integer or a decimal. Round to four decimal places as needed.) d. What is the probability that two or more online retail orders will turn out to be fraudulent? (Type an integer or a decimal. Round to four decimal places as needed.) Submit quiz View instructor tip Help me solve this Get more help - 939 PM 70°F 3/7/2022 P Type here to search
Past records indicate that the probability of online retail orders that turn out to be fraudulent is 0.07. Suppose that, on a given day, 18 online retail orders are placed. Assume that the number of online retail orders that turn out to be fraudulent is distributed as a binomial random variable. Complete parts (a) through (d) below. The mean number of online retail orders that turn out to be fraudulent is 1.2600 (Type an integer or a decimal. Round to four decimal places as needed.) The standard deviation of the number of fraudulent retail orders is 0.2708 (Type an integer or a decimal. Round to three decimal places as needed.) b. What is the probability that zero online retail orders will turn out to be fraudulent? 0.3669 (Type an integer or a decimal. Round to four decimal places as needed.) c. What is the probability that one online retail order will turn out to be fraudulent? (Type an integer or a decimal. Round to four decimal places as needed.) d. What is the probability that two or more online retail orders will turn out to be fraudulent? (Type an integer or a decimal. Round to four decimal places as needed.) Submit quiz View instructor tip Help me solve this Get more help - 939 PM 70°F 3/7/2022 P Type here to search
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.CR: Chapter 13 Review
Problem 8CR
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![Past records indicate that the probability of online retail orders that turn out to be fraudulent is 0.07. Suppose that, on a given day, 18 online retail orders are placed. Assume that the number of online retail orders
that turn out to be fraudulent is distributed as a binomial random variable. Complete parts (a) through (d) below.
The mean number of online retail orders that turn out to be fraudulent is 1.2600.
(Type an integer or a decimal. Round to four decimal places as needed.)
The standard deviation of the number of fraudulent retail orders is 0.2708
(Type an integer or a decimal. Round to three decimal places as needed.)
b. What is the probability that zero online retail orders will turn out to be fraudulent?
0.3669 (Type an integer or a decimal. Round to four decimal places as needed.)
c. What is the probability that one online retail order will turn out to be fraudulent?
(Type an integer or a decimal. Round to four decimal places as needed.)
d. What is the probability that two or more online retail orders will turn out to be fraudulent?
(Type an integer or a decimal. Round to four decimal places as needed.)
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%23
7
4
R T
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W
LA
S.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F710e59c6-4738-4995-a68d-52cf2fbdc504%2F800d8d3e-94c2-4882-a93f-b316c0a1fb16%2Fmic8kff_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Past records indicate that the probability of online retail orders that turn out to be fraudulent is 0.07. Suppose that, on a given day, 18 online retail orders are placed. Assume that the number of online retail orders
that turn out to be fraudulent is distributed as a binomial random variable. Complete parts (a) through (d) below.
The mean number of online retail orders that turn out to be fraudulent is 1.2600.
(Type an integer or a decimal. Round to four decimal places as needed.)
The standard deviation of the number of fraudulent retail orders is 0.2708
(Type an integer or a decimal. Round to three decimal places as needed.)
b. What is the probability that zero online retail orders will turn out to be fraudulent?
0.3669 (Type an integer or a decimal. Round to four decimal places as needed.)
c. What is the probability that one online retail order will turn out to be fraudulent?
(Type an integer or a decimal. Round to four decimal places as needed.)
d. What is the probability that two or more online retail orders will turn out to be fraudulent?
(Type an integer or a decimal. Round to four decimal places as needed.)
View instructor tip
Help me solve this
Get more help -
Submit quiz
939 PM
P Type here to search
70°F
3/7/2022
144
CDI
%23
7
4
R T
Y
W
LA
S.
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