Probability of sample outcome


A company asserts that 75% of the customers who purchase its special lawn mower will require no repairs during the first 2 years of ownership. Your personal study has shown that only 68 of the 100 in your sample lasted the 2 years without incurring repair expenses. What is the probability of your sample outcome or less if the actual repair expense-free percentage is 75%?

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Basic Statistics: Probability of sample outcome
Reference No:- TGS0725742

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