(Solution) - Refer to Problem 5 57 Suppose that a quality improvement initiative -(2025 Original AI-Free Solution)

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Refer to Problem 5.57. Suppose that a quality improvement initiative has reduced the percentage of bills containing errors to 20%. If 10 bills are processed, what is the probability that
a. 0 bills will contain errors?
b. Exactly 1 bill will contain an error?
c. 2 or more bills will contain errors?
d. What are the mean and the standard deviation of the probability distribution?
e. Compare the results of (a) through (c) to those of Problem 5.57 (a) through (c).