It has been estimated that about 30% of frozen chicken contain enough salmonella bacteria to cause illness if improperly cooked. How many would a consumer expect to buy until she gets her first contaminated chicken?
a) 3
b) 3.33
c) 3.6
d) 2.52

b) 3.33

Step-by-step explanation:

In this case they tell us that 30% of chickens are contaminated, which means, to know how many I must buy to have my first contaminated chicken, I must divide the contaminated quantity that I need to know, that is 1 by the probability, that is 30 % or 0.3

1 / 0.3 = 3.33

Which means I have to buy 3.33 chickens to probably find my first damaged chicken.

explanation:

the loan estimate encourages consumers to shop. since it is the lenders who are required to issue a standardized loan estimate in a specific time frame, this way consumers are provided an opportunity to compare lenders and their products. otherwise consumer wouldn't know the benefits offered by other lenders.  

if a loan originator does not provide a loan estimate within 3 business days of receiving a completed loan application, that lender is in violation. lenders are required to issue a loan estimate within 3 days of applying for a loan or within 7 days prior to closing. having a loan estimate has following information.

not having loan estimate won't give you an idea of money to be borrowed.

you get to know your interest rates.

you also get to know if your interest rate can or may vary.

not having a good faith estimate can keep you unaware of aforementioned points.

8 < i think

hope this !