Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Homework Help/Study Tips Expert

When a customer places an order with Rudy's On-Line Office Supplies, a computerized accounting information system (AIS) automatically checks to see if the customer has exceeded his or her credit limit. Past records indicate that the probability of customers exceeding their

credit limit is 0.05. Suppose that, on a given day, 20 customers place orders. Assume that the number of customers that the AIS detects as having exceeded their credit limit is

distributed as a binomial random variable.

a. What are the mean and standard deviation of the number of customers exceeding their credit limits?

b. What is the probability that zero customers will exceed their limits?

c. What is the probability that one customer will exceed his or her limit?

d. What is the probability that two or more customers will exceed their limits?

Homework Help/Study Tips, Others

  • Category:- Homework Help/Study Tips
  • Reference No.:- M91361790
  • Price:- $20

Guranteed 24 Hours Delivery, In Price:- $20

Have any Question?


Related Questions in Homework Help/Study Tips

Process recordingsthe assignment 2-4 pagesprovide a

Process Recordings The Assignment (2-4 pages): Provide a transcript of what happened during your field education experience, including a dialogue of interaction witha client. Explain your interpretation of what occurred ...

What ethical considerations are important to research

What ethical considerations are important to research pertaining to the article below? What is the analysis of the ethical concerns pertaining to the article below? What is the overall ethical consideration pertaining to ...

Question write 300-500 words on the following1 one of the

Question: Write 300-500 words on the following 1) One of the greatest threats to human and non-human species is climate change and environmental degradation from pollution. Use the utilitarianism theory to argue for stri ...

Quesiton epidemiologys role in infectious and communicable

Quesiton: Epidemiology's Role in Infectious and Communicable Diseases As you discovered in this week's lecture and readings, epidemiology studies various occurrences and health-related states or events that effect the ge ...

Could you please explain one or two of the differences

Could you please explain one or two of the differences between the radical behaviorists (Watson; Skinner) and the cognitive-behaviorists (methodological behaviorists, like Hull, Bandura, Tolman, and Rotter)

Assignmentin the summer of 2011 texas faced the worst

Assignment In the summer of 2011, Texas faced the worst drought in modern history. This natural disaster caused widespread destruction and collateral damage brought about by forces other than the acts of human beings. Li ...

Question present your assignment in an apa format word

Question: Present your assignment in an APA format, word document, Arial 12 font . A minimum of 2 evidence-based references is required. A minimum of 600 words is required. 1. Identify and discuss the types of disasters. ...

Discuss the followingdiscuss the pennsylvania system and

Discuss the following: Discuss the Pennsylvania system and its impact on the current penal system. Explore how the use of solitary confinement and the rules of its use have shifted over time. What is the legal impact of ...

Qestion answer each question with a minimum of 100 words1

Question: Answer each question with a minimum of 100 words.. 1. What are your best tools to increase your comprehension and general memory? What is the difference? 2. What are you juggling today? How do you keep all the ...

Case assignmentafter reading the background materials as

Case Assignment After reading the background materials as well as additional information you find from the literature and on the Internet, respond to the following: Explain how Medicaid is financed. Discuss the role of t ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As