Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Managerial Accounting Expert

1-    Judging from recent experience, 5 percent of the computer keyboards produced by an automatic, high-speed machine are detective. What is the probability that out of six keyboards selected at random, exactly zero keyboards will be detective?

2-    Sixty percent of the customers of a fast food chain order the whopper, French fries and a drink. If a random sample of 15 register receipts is selected, what is the probability that 10 or more will show that the above three food items were ordered?

3-    On a very hot summer day, 5 percent of the production employees at midland states steel are absent from work. The production employees are randomly selected for a special in-depth study on absenteeism. What is the probability of randomly selecting 10 production employees on a hot summer day and finding that none of them are absent?

4-    An insurance agent has appointments with four prospective clients tomorrow. From past experience the agent knows that the probability of making a sale on any appointment is 1 out of 5. Using the rules of probability, what is the likelihood that the agent will sell a policy to 3 of the 4 prospective clients?

5-    A true-false test consists of six questions. If you guess the answer to each question, what is the probability of getting all six questions correct?

6-    A board of directors consists of 8 men and 4 women. A four-member search committee is to be chosen at random to recommend a new company president. What is the probability that all 4 members of the search committee will be women

7-    Sweetwater & Associates write weekend trip insurance at a very nominal charge. Records show that the probability that a motorist will have an accident during the weekend and file a claim is 0.0005. Suppose they wrote 400 policies for the coming weekend, what is the probability that exactly two claims will be filed?

8-    There are 10 rolls of film in box and 3 are defective. 2 rolls are to be

   Elected without replacement. What is the probability of selecting a Defective roll followed by another defective roll?

9       There are 50 photos in a book which has 250 pages. Find the probability that page 100 has no photo.

10  Suppose the average number of lions seen on a 1-day safari is 5. What is the probability that tourists will see fewer than four lions on the next 1-day safari?

11. The department of statistics has 12 staff members. 8 of them are under 60 years old. If we want to establish a committee of 4 members:

a-   What is the probability that all members of the committee are over 60 years old?

b-   What is the probability that the committee has only 2 members are over 60 years old?

c-  What is the probability that at least one member is not over 6o years old?

12-In a large metropolitan area, past records revealed that 30 percent of all the high school graduates go to college. From 20 graduates selected at random, what is the probability that exactly 8 will go to college?

Managerial Accounting, Accounting

  • Category:- Managerial Accounting
  • Reference No.:- M91274612
  • Price:- $40

Priced at Now at $40, Verified Solution

Have any Question?


Related Questions in Managerial Accounting

Assignment - essendon electronics regal or monarchessendon

Assignment - Essendon Electronics: Regal or Monarch? Essendon Electronics, a division of Elgin Ltd, manufactures a diverse range of electrical products. Its range includes two LCD screen television models: the Monarch, w ...

Managerial accounting assignment -background you are

Managerial Accounting Assignment - Background: You are recently employed as a graduate consultant in a management consultancy firm and are assigned to a team. One of your firm's clients is currently evaluating its budget ...

Corporate accounting assignment -question 1 - dr kelvin

Corporate Accounting Assignment - Question 1 - Dr. Kelvin opened a dental clinic on August 1, 2018. The business transactions for August are shown below: August 1 Dr. Kelvin invested $280,000 cash in the business in exch ...

Managerial accounting assignment -instructions for

Managerial Accounting Assignment - Instructions for Preparation of Assignment: 1. You are to choose one management accounting topic from the list below for this assignment, and register your chosen topic with your lectur ...

Assume you have been hired as a consultant to prepare a

Assume you have been hired as a consultant to prepare a balanced scorecard that will be presented to top management. You will choose a company to research and will provide a professional report that will include the foll ...

Corporate accounting assignment -objectives -the

Corporate Accounting Assignment - Objectives - The educational objective of this task is to develop student capabilities to read, interpret and analyse financial statements; to apply international accounting standards; t ...

Task descriptionyou have gained a position as vacation

Task Description You have gained a position as vacation student at the accounting firm T&K Solutions. In your capacity of vacation student you have been asked by the two partners of T&K Solutions to assist them with two ...

Corporate accounting assignment -assessment task - select

Corporate Accounting Assignment - Assessment task - Select two public limited companies listed on the Australian Securities Exchange (ASX) that are in the same industry. Go to the website of your selected companies. Then ...

Duncan arrowroot confectionery dacrequired in hard copy no

Duncan Arrowroot Confectionery (DAC) Required in hard copy no later than the class scheduled time on Thursday, October 18th. 1) Prepare a memo to the Controller explaining how you would go about classifying the various r ...

Instructions for preparation of assignment1 you are to

Instructions for Preparation of Assignment: 1. You are to choose one management accounting topic from the list below for this assignment, and register your chosen topic with your lecturer in class or via email before com ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As