Find the expected number of undamaged chairs

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Reference no: EM132415893

Problem: Company "O'Bender" has got a contract to deliver 1000 chairs. During transporta- tion, a chair may be damaged with probability 5%. Assume chairs are damaged independently. To be sure to meet the terms of the contract, "O'Bender" plans to ship 1050 chairs.

Required:

Question 1: Find the expected number of undamaged chairs that will be delivered.

Question 2: What is the probability to meet the terms of the contract if 1050 chairs are shipped?

Question 3: What is the minimum number of chairs that should be shipped to meet the terms of the contract with probability at least 90%?

Reference no: EM132415893

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