Invoices are sampled at random

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A large industrial firm allows a discount on any invoice that is paid within 30 days. Of all invoices, 10% receive the discount. In a company audit, 15 invoices are sampled at random. The mean (average) value of the number of the 15 sampled invoices that receive discount is _______

  • 2
  • 1
  • 10
  • 3
  • 1.5

Reference no: EM131044806

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