Assignment help 1296

18 Items were randomly selected from a large inventory. If 40% of the items in the inventory are made in Asia

1. What is the probability that exactly 4 of the 18 items selected are made in Asia?

2. What is the probability that at most 4 of the 10 items selected are made in Asia?

12 accounting records were randomly selected from a large accounts receivable portfolio. If 30% of the records in the portfolio are managed by Susan

1. What is the probability that exactly 4 of the 12 records selected are managed by Susan?

2. What is the probability that at most 4 of the 12 records selected are managed by Susan?

Solution:

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