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Suppose the Rent-To-Own Company Estimates That 30% of Its Rentals

Question 82

Multiple Choice

Suppose the Rent-to-Own Company estimates that 30% of its rentals result in a sale of the product. If the company rents 13,000 of its product in a year, what is the probability that it will sell at most 4,000 of its products? Round your answer to four decimal places. ​


A) 0.9726
B) 0.8855
C) 0.0274
D) 0.6316
E) 0.7903

Correct Answer:

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