More than 200 billion grocery coupons are distributed each yr for discounts exceeding $84 billion. However, according to a report in USA Today, only 3.2% of the coupons are redeemed. If a company distributes 5000 coupons, what is the probability that:
a) at least 100 coupons are redeemed?
b) fewer than 100 coupons are not redeemed?
c) more than 200 coupons are not redeemed?
This is my last homework problem and I am lost. Please help!
a) at least 100 coupons are redeemed?
b) fewer than 100 coupons are not redeemed?
c) more than 200 coupons are not redeemed?
This is my last homework problem and I am lost. Please help!