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Use the Appropriate Probability Model (Binomial)

question 22

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Use the appropriate probability model (Binomial) .
-It is estimated that 20% of luxury cars manufactured in 2008 were silver. A car
Dealership typically sells 20 luxury cars per month. The probability that more than 10 of
The luxury cars sold per month are silver is


Definitions:

Emergency Repairs

Urgent maintenance or fixes required to address unexpected breakdowns or damage to equipment, structures, or systems.

Supply Budget

An estimate of the costs associated with the procurement of supplies needed for a specific period or project.

Gross Income

The total amount of money earned by an individual or business before any deductions or taxes are subtracted.

Administrative Supplies

Items and materials used in an office setting to support day-to-day operations, including paper, pens, and organizational tools.

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