A Large Industrial Firm Allows a Discount on Any Invoice

question 95

Multiple Choice

A large industrial firm allows a discount on any invoice that is paid within 30 days.Of all invoices, 10% receive the discount.In a company audit, 15 invoices are sampled at random.The mean (average) value of the number of the 15 sampled invoices that receive discount is _______

• A)1
• B)3
• C)1.5
• D)2
• E)10