Answer: 0.034
Step-by-step explanation:
Given : P(Submitted under warranty)= 0.20
P(Replaced | Submitted under warranty)=0.40
P(Replaced and Submitted under warranty )= P(Submitted under warranty)×P(Replaced | Submitted under warranty)
=[tex]0.20\times0.40=0.08[/tex]
Let x be the number of telephones will end up being replaced under warranty.
Total telephones purchased : n= 10
Using binomial probability formula : [tex]P(X)=^nC_xp^x(1-p)^{n-x}[/tex]
i.e. The probability that exactly three will end up being replaced under warranty will be :-
[tex]P(X=3)=^{10}C_3(0.08)^3(1-0.08)^{10-3}\\\\=\dfrac{10!}{3!(10-3)!}(0.08)^3(0.92)^7\\\\=0.03427409518\approx0.034[/tex] [Rounded to three decimal places. ]
Hence, the probability that exactly three will end up being replaced under warranty : 0.034