CH Historically, 5 percent of a mail-order firm's repeat charge-account customers have an incorrect current...
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CH Historically, 5 percent of a mail-order firm's repeat charge-account customers have an incorrect current address in the firm's computer database. The number of customers out of 12 who have an incorrect address in the database is a binomial random variable with n= 12 and = .05. (a) What is the probability that none of the next 12 repeat customers who call will have an incorrect address? (Round your answer to 4 decimal places.) Probability (b) What is the probability that one customer who calls will have an incorrect address? (Round your answer to 4 decimal places.) Probability (c) What is the probability that two customers who call will have an incorrect address? (Round your answer to 4 decimal places.) Probability (d) What is the probability that fewer than three customers who call will have an incorrect address? (Round your answer to 4 decimal places.) Probability
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