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  3. problem 8 a large box of fuses contains 10 defectives...

Question: problem 8 a large box of fuses contains 10 defectives...

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Problem 8 A large box of fuses contains 10% defectives. Four fuses are randomly selected from the box. Find: a) Probability that exactly one fuse is defective b) Probability that at least one fuse of the four selected is defective Now suppose these four sampled fuses are shipped to a customer before being tested. Assume the cost of fixing a shipment with defective fuses is given by C- 3Y2 where Y is the number of defectives in the shipment of four. Find the expected repair cost E(C)-E3Y
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