The past records of Salama Industries indicate that about 4 out of 10 of the
company’s orders are for export. Further, their records indicate that 48 per
cent of all orders are for export in one particular financial quarter. They expect
to satisfy about 80 orders in the next financial quarter.
Required:
(i) Determine the probability that they will break their previous export
record.
(7 marks)
(ii) Explain why you have used the approach you have chosen to solve part
(i) above. (2 marks)