A box of 10 light bulbs, 2 of which are faulty. A bulb is selected at random and put into a socket. If it works it is left there, if it is faulty it is discarded and a new bulb is selected. The process I continued until a bulb which works is found. Determine the probability distribution of X, the number of bulbs tried.
You are a first-year student studying at a leading Business School and would like to study the annual packages offered to the students under management domain. To conduct this study, you went to the placement team and asked for related data. Placement team has provided you the data as follows:
Highest package offered = INR 20,00,000
Lowest package offered = INR 5,00,000
Also, you were informed that first-year salaries of management graduates is normally distributed with the population mean μ= INR 9,00,000 and the population standard deviation σ = INR 2,00,000. Find the probability of a randomly selected management graduate from the business school earning less than INR 7,00,000 annually