Math Problem Statement
In a certain store, there is a .03 probability that the scanned price in the bar code scanner will not match the advertised price. The cashier scans 780 items. What is the expected number of mismatches? What is the standard deviation rounded to four decimal places? What is the approximate normal probability of atleast 18 mismatches rounded to four decimal places? What is the probability for more than 32?
Solution
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Math Problem Analysis
Mathematical Concepts
Probability
Statistics
Binomial Distribution
Normal Distribution
Formulas
Expected value of a binomial distribution
Standard deviation of a binomial distribution
Normal approximation to the binomial distribution
Theorems
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Suitable Grade Level
Grades 10-12
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