2. Consider the following return rates for items purchased: Retail return rates Shoppers return items bought online at a far higher rate Online purchases Return rates by category (both online and...


If Sally sells 27 pairs of shoes during the month, what is the probability Sally has exactly 4 pairs  of shoes returned?


What is the probability that Sally has less than 4 pairs of those shoes returned?


Tom works at Napa and sells auto parts. Tom sold 18 auto parts last week. What is the  probability that Tom gets more than 4 of those parts returned?


What is the probability that Tom between 2 and 5 of those parts returned?


2. Consider the following return rates for items purchased:<br>Retail return rates<br>Shoppers return items bought online at a far higher rate<br>Online<br>purchases<br>Return rates by category (both online and in-store)<br>About 30%<br>Auto parts<br>| 21%<br>Housewares<br>12.3%<br>Apparel<br>10.5%<br>|9.6%<br>9.3%<br>Footwear<br>Sporting goods<br>Beauty<br>5.2%<br>Source: WSI<br>a) If Sally sells 27 pairs of shoes during the month, what is the probability Sally has exactly 4 pairs<br>of shoes returned?<br>b) What is the probability that Sally has less than 4 pairs of those shoes returned?<br>c) Tom works at Napa and sells auto parts. Tom sold 18 auto parts last week. What is the<br>probability that Tom gets more than 4 of those parts returned?<br>d) What is the probability that Tom between 2 and 5 of those parts returned?<br>

Extracted text: 2. Consider the following return rates for items purchased: Retail return rates Shoppers return items bought online at a far higher rate Online purchases Return rates by category (both online and in-store) About 30% Auto parts | 21% Housewares 12.3% Apparel 10.5% |9.6% 9.3% Footwear Sporting goods Beauty 5.2% Source: WSI a) If Sally sells 27 pairs of shoes during the month, what is the probability Sally has exactly 4 pairs of shoes returned? b) What is the probability that Sally has less than 4 pairs of those shoes returned? c) Tom works at Napa and sells auto parts. Tom sold 18 auto parts last week. What is the probability that Tom gets more than 4 of those parts returned? d) What is the probability that Tom between 2 and 5 of those parts returned?

Jun 10, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here