A Large Disaster Cleaning Company Estimates That Each of the Jobs

question 12

Multiple Choice

A large disaster cleaning company estimates that each of the jobs it bids on are finished within the bid time with probability 0.3 independent of each other job it bids on. Consider a random sample of 8 jobs that is has contracted.
-What is the probability that exactly 4 of the jobs were not completed within the bid time?

• A)0472
• B)1361
• C)2293
• D)3471
• E)4441

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Definitions:

Track Inventory

The process of monitoring and managing items in stock to ensure adequate supply without overstocking.

Inventory Card

A document used to track information about an item in inventory, including description, quantity, and location.

Adhesive Flags

Small pieces of paper or plastic that are sticky on one side and are used for marking pages, annotating documents, or organizing information by color-coding.

Comparison Pricing

The practice of comparing prices of products or services to find the most cost-effective option.