Question

2a. Twenty percent of all telephones of a certain type are submitted for service while under warranty. Of these, 60% can be repaired, whereas the other 40% must be replaced with new units. If a company purchases ten of these telephones, what is the probability that exactly three will end up being replaced under warranty? (Round your answer to three decimal places.)

2b. A toll bridge charges $1.00 for passenger cars and $2.25 for other vehicles. Suppose that during daytime hours, 60% of all vehicles are passenger cars. If 15 vehicles cross the bridge during a particular daytime period, what is the resulting expected toll revenue? [Hint: Let X = the number of passenger cars; then the toll revenue h(X) is a linear function of X.]

Answer 1