Math Problem Statement

Thirty percent of all telephones of a certain type are submitted for service while under warranty. Of these, 70% can be repaired, whereas the other 30% 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.)

Solution

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Math Problem Analysis

Mathematical Concepts

Probability
Binomial Distribution

Formulas

P(X = k) = (n choose k) * p^k * (1 - p)^(n - k)
(n choose k) = n! / (k! * (n - k)!)

Theorems

Binomial Theorem

Suitable Grade Level

Grades 11-12