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Binomial Probability

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An important part of the customer service responsibility of a cable company relates to the spread with which trouble in service can be repaired.

Historically, the data show that the likelihood is 0.75 that troubles in a residential service can be repaired on the same day.

For the first five troubles reported on a given day, what is the probability that:

Fewer than two troubles will be repaired on the same day?


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Solution Summary

The solution provides step by step method for the calculation of binomial probability. Formula for the calculation and Interpretations of the results are also included.

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