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 past20 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.
A) binomial distribution.
B) Poisson distribution.
C) Either of the above
D) none of the above.
Correct Answer:
Verified
Q1: In a binomial distribution
A)the variable X
Q3: The portfolio expected return of two investments
A)will
Q7: A company has 125 personal computers.The probability
Q7: If the outcomes of a variable follow
Q9: n the average, 1.8 customers per minute
Q10: Whenever
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents