In: Statistics and Probability
Johnson Electronics makes calculators. Consumer satisfaction is one of the top priorities of the company’s management. The company guarantees a refund or replacement for any calculator that malfunctions within two years from the date of purchase. It is known from past data that despite all efforts, 5% of the calculators manufactured by the company malfunction within a 2- year period. The company mailed a package of 10 randomly selected calculators to a store.
a) Create a probability distribution table for the number of calculators that will be returned for refund or replacement within a 2-year period.
b) Draw the corresponding histogram for part a
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