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The owners of a motel in Florida have noticed that in the long run, about 40% of the people who stop and inquire about a room for the night actually rent a room.
(a) Quota Problem How many inquiries must the owner answer to be 99% sure of renting at least one room?
(b) If 25 separate inquiries are made about rooms, what is the expected number of inquiries that will result in room rentals? |
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