Only 0.02% of credit card holders of a company report the loss or theft of their credit cards each month
a. no one reports the loss or theft of their credit cards?
b. every credit card is lost or stolen?
c. six people report the loss or theft of their credit cards?
d. at least nine people report the loss or theft of their cards?
e. Determine the expected number of reported lost or stolen credit cards.
f. Determine the standard deviation of the number of reported lost or stolen cards.
Homework Answers
Only 0.02% of credit card holders of a company report the loss or theft of their credit cards each month
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Only 0.02% of credit card holders of a company report the loss or theft of their credit cards each month
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[The following information applies to the questions
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