Find the following probabilities for a sample of n 10, Ask an Expert

Economics

Over a long period of time in a large multinational corporation, 10% of all sales trainees are rated as outstanding, 75% are rate excellent/good, 10% are rated satisfactory, and 5% are considered unsatisfactory. Find the following probabilities for a sample of n = 10 trainees selected at random:

(a) Two or more are rated as outstanding. (b) None of the trainees are rated as unsatisfactory.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9284551

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