Suppose the Rent-To-Own Company Estimates That 30% of Its Rentals

question 82

Multiple Choice

Suppose the Rent-to-Own Company estimates that 30% of its rentals result in a sale of the product. If the company rents 13,000 of its product in a year, what is the probability that it will sell at most 4,000 of its products? Round your answer to four decimal places. ​

• A)0.9726
• B)0.8855
• C)0.0274
• D)0.6316
• E)0.7903

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