Question
(a) It is noted that 8% of Kaplan students are left handed. If twenty (20) students are randomly selected,calculate the
i. probability that none of them are left-handed,
ii. probability that at most 2 are left-handed,
iii. mean and standard deviation for the number of left-handed students
(b) Do you agree that "if two events are mutually exclusive then these two events will be independent"? Why?
Provide one business-related example each, with explanation, for mutually exclusive and independent events.