Wi Help Ludia 9g ADMN 210, Winter 2018, Section 2, MW 4 PM Lydia Stockar 2/11/18

Question

Wi Help Ludia 9g ADMN 210, Winter 2018, Section 2, MW 4 PM Lydia Stockar 2/11/18 10:12 PM Homework: Homework Chapter 5 Save HW Score: 67.14%, 9.4 of 14 pts Question Help * Score: 0.4 of 1 pt 60f 7 (7 complete) 5.2.15-T Past records indicate that the probability of online retail orders that turn out to be fraudulent is 0.05. Suppose that, on a given day, 18 online retal orders are placed Assume that the number of online retail orders that turn out to be fraudulent is distributed as a binomial a. What are the mean and standard deviation of the number of online retail orders that tum out to be fraudulent? The mean number of online retail orders that turn out to be fraudulent is 0.9 (Type an integer or a decimal. Round to four decimal places as needed.) The standard deviation of the number of fraudulent retail orders is 0.924 (Type an integer or a decimal. Round to three decimal places as needed.) b. What is the probability that zero online retail orders ill turn out to be fraudulent? random variable. Complete parts (a) through (d) below. (Type an integer or a decimal. Round to four decimal places as needed.) 1 yo( back e cas

Explanation / Answer

Solution:- Given that p = 0.05, n=18

b) => (1)*(1)*(0.95)^18

= 0.3972

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