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FedEx is very proud of their "Absolutely, positively overnight" motto and now to improve customer satisfaction, FedEx promise customers that no more than 5 percent of all packages arrive at the address late
FedEx is very proud of their "Absolutely, positively overnight" motto and now to improve customer satisfaction, FedEx promise customers that no more than 5 percent of all packages arrive at the address late. If a sample of size 10 packages is randomly selected, and the 5 percent rate holds, what is the probability that more than 2 packages will be delivered late? ( Hint: Binomial)
options:
0.0105
0.0746
0.0115
0.0862
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