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Lisa is in a free-throw shooting contest where each contestant attempts 10 free throws. On average, Lisa makes 77% of the free throws she attempts.
A) What is the probability that she makes exactly eight free throws?
B) What is the probability she makes at least nine free throws?
C) What is the probability she makes fewer than nine free throws?
D) Lisa is competing against Bill to see who can make the most free throws in 10 attempts. Suppose Bill goes first and makes seven. Should we expect Lisa to make at least as many as Bill? Explain.
Total Demand
The complete quantity of a product or service that consumers are willing and able to purchase at a given price over a specific period.
Total Supply
The entire quantity of a particular good or product that is available for purchase or distribution at a given time.
Stepping-stone Method
A linear programming method used to find the most efficient way to move products from sources to destinations such that the total transportation cost is minimized.
Northwest-corner
A method used in solving transportation or allocation problems in operations research by starting with the northwest corner of a cost matrix and moving through the matrix to optimize costs or resources.
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