5. A company sells small, colored binder clips in packages of 20 and offers a money-back guarantee if two or more of the clips are defective. Suppose a clip is defective with probability 0.01, independently of other clips. Let X denote the number of defective clips in a package of 20. (a) The distribution of the random variable X is (choose one) (i) binomial (ii) hypergeometric (iii) negative binomial (iv) Poisson. (b) Specify the value of the parameter(s) of the chosen distribution and find the probability that a package sold will be refunded.

Leslie started last week with $1200 in her checking account. during the week, she wrote the checks below. trans typ./ check no. date description of transaction payment/ debit deposit/ credit (+) balance 1,200 00 324 10/6 miller's food market 45.87 45 87 groceries 1,154 13 325 10/7 cyber center computer outlet 218.59 218 59 monitor 935 54 326 10/9 sandy's beauty salon 30.00 30 00 haircut and styling 900 59 deposit 10/10 paycheck 621.33 621 33 1,621 92 evaluate leslie's check register. a. leslie did a good job. everything is correct. b. the final balance is wrong; she did not add everything correctly. c. leslie should have written debit instead of deposit for the transaction type. d. leslie switched the debit and credit columns.