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Question
a survey found that customers are overcharged by price scanning systems, on average, on 2.15% of items. suppose a customer purchases 12 items. find the following probability.
a customer is overcharged on 2 items.
the probability is
(round to six decimal places as needed.)
Step1: Identify the binomial probability formula
The binomial probability formula is \(P(X = k)=C(n,k)\times p^{k}\times(1 - p)^{n - k}\), where \(n\) is the number of trials, \(k\) is the number of successes, \(p\) is the probability of success on a single trial, and \(C(n,k)=\frac{n!}{k!(n - k)!}\)
Step2: Determine the values of \(n\), \(k\), and \(p\)
Here, \(n = 12\) (the number of items purchased), \(k = 2\) (the number of over - charged items), and \(p=0.0215\) (the probability of an item being over - charged)
Step3: Calculate the combination \(C(n,k)\)
Step4: Calculate \(p^{k}\) and \((1 - p)^{n - k}\)
\(p^{k}=(0.0215)^{2}=0.00046225\)
\(1-p = 1-0.0215 = 0.9785\)
\((1 - p)^{n - k}=(0.9785)^{10}\approx0.807777\)
Step5: Calculate the probability \(P(X = 2)\)
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\(0.024625\)