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Mathematics, 08.07.2020 03:01 blackops7959

Johnson Electronics makes calculators. Consumer satisfaction is one of the top priorities of the company's management. The company guarantees the refund of money or a replacement for any calculator that malfunctions within two years from the date of purchase. It is known from past data that despite all efforts, 5⁢%
of the calculators manufactured by this company malfunction within a

2
-year period. The company recently mailed

500
such calculators to its customers. Find the probability that

12
to

25
of the

500
calculators will be returned for refund or replacement within a

2
-year period.

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Answers: 2

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