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Question 1: The management of a grocery store has kept a record of bad checks received per day for a period of 200 days. The data are shown below. Number of Bad Checks Received Number of Days 0 8 1 12 2 20 3 60 4 40 5 30 6 20 7 10 Develop a probability distribution for the above data. Determine the cumulative probability distribution. What is the probability that in a given day the store receives four or less bad checks? What is the probability that in a given day the store receives more than 3 bad checks?
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Question 1: The management of a grocery store has kept a record of bad checks received per day for a...
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