Hello help please There are six hundred Economics students in the post-graduate classes of a university, and the probability for any student to need a copy of a particular book from the university library on any day is 0.05. How many copies of the book should be kept in the university library so that the probability may be greater than 0.90 that none of the students needing a copy from the library has to come back disappointed?

Hello help please There are six hundred Economics students in the post-graduate classes of a university, and the probability for any student to need a copy of a particular book from the university library on any day is 0.05. How many copies of the book should be kept in the university library so that the probability may be greater than 0.90 that none of the students needing a copy from the library has to come back disappointed?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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