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What Type of Probability Distribution Will Most Likely Be Used

question 43

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What type of probability distribution will most likely be used to analyze warranty repair needs on new cars in the following problem? The service manager for a new automobile dealership reviewed dealership records of the past 20 sales of new cars to determine the number of warranty repairs he will be called on to perform in the next 90 days.Corporate reports indicate that the probability any one of their new cars needs a warranty repair in the first 90 days is 0.05.The manager assumes that calls for warranty repair are independent of one another and is interested in predicting the number of warranty repairs he will be called on to perform in the next 90 days for this batch of 20 new cars sold.


Definitions:

Customer Orders

Requests or instructions from customers to purchase goods or services from a business.

Analytics

The systematic gathering and processing of data to make informed decisions.

Systematic Evaluation

A structured process of assessing performance, systems, or processes based on predetermined criteria to make improvements.

Information

Data that has been organized or presented in a meaningful way to be useful to the recipient.

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