Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1. The one-time fling! Have you ever purchased an article of clothing (dress, sports jacket, etc.), worn the item once to a party, and then returned the purchase? This is called a one-time fling. About 5% of all adults deliberately do a one-time fling and feel no guilt about it! In a group of nine adult friends, what is the probability of the following? (Round your answers to three decimal places.)

(a) no one has done a one-time fling________

(b) at least one person has done a one-time fling_______

(c) no more than two people have done a one-time fling_________

2. Sociologists say that 85% of married women claim that their husband's mother is the biggest bone of contention in their marriages (sex and money are lower-rated areas of contention). Suppose that eight married women are having coffee together one morning. Find the following probabilities. (Round your answers to three decimal places.)

(a) all of them dislike their mother-in-law_________

(b) none of them dislike their mother-in-law________

(c) at least six of them dislike their mother-in-law________

(d) no more than five of them dislike their mother-in-law_______

3. A research team conducted a study showing that approximately 25% of all businessmen who wear ties wear them so tightly that they actually reduce blood flow to the brain, diminishing cerebral functions. At a board meeting of 15 businessmen, all of whom wear ties, what are the following probabilities? (Round your answers to three decimal places.)

(a) at least one tie is too tight________

(b) more than two ties are too tight________

(c) no tie is too tight________

(d) at least 13 ties are not too tight_________

4. The quality-control inspector of a production plant will reject a batch of syringes if two or more defective syringes are found in a random sample of twelve syringes taken from the batch. Suppose the batch contains 1% defective syringes.

(a) Make a histogram showing the probabilities of r = 0, 1, 2, 3, ..., 11 and 12 defective syringes in a random sample of twelve syringes.

(b) Find μ. (Enter your answer to two decimal places.)

μ = ________syringes

What is the expected number of defective syringes the inspector will find? (Enter your answer to two decimal places.)

_______ syringes

(c) What is the probability that the batch will be accepted? (Round your answer to three decimal places.)

________

(d) Find σ. (Round your answer to three decimal places.)

σ = _________syringes

5. A company is in the business of finding addresses of long-lost friends. The company claims to have a 70% success rate. Suppose that you have the names of nine friends for whom you have no addresses and decide to use the company to track them.

(a) Make a histogram showing the probability of r = 0 to 9 friends for whom an address will be found.

(b) Find the mean and standard deviation of this probability distribution. (Round your answers to two decimal places.)

μ = _______friends
σ = ________friends

What is the expected number of friends for whom addresses will be found? (Round your answer to the nearest whole number.)
_______friends

6. USA Today reported that about 20% of all people in the United States are illiterate. Suppose you take eleven people at random off a city street.

(a) Make a histogram showing the probability distribution of the number of illiterate people out of the eleven people in the sample.

(b) Find the mean and standard deviation of this probability distribution. (Round your answers to two decimal places.)

μ = _________people
σ = __________people

Find the expected number of people in this sample who are illiterate. (Round your answer to a whole number.)
________

7. Have you ever tried to get out of jury duty? About 25% of those called will find an excuse (work, poor health, travel out of town, etc.) to avoid jury duty†. If 15 people are called for jury duty, find the following.

(a) What is the probability that all 15 will be available to serve on the jury? (Round your answer to three decimal places.)
_________

(b) What is the probability that 9 or more will not be available to serve on the jury? (Round your answer to three decimal places.)
___________

(c) Find the expected number of those available to serve on the jury. What is the standard deviation? (Round your answers to two decimal places.)
μ = _______people
σ = _________people

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91558596
  • Price:- $50

Priced at Now at $50, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

The time spent in days waiting for a heart transplant can

The time spent (in days) waiting for a heart transplant can be approximated by a normal distribution. Day range of 60-200.  u=129 o=20.2.  (a) What is the shortest number of days spent that would put a patient in the top ...

The distribution of actual weights of 8-oz chocolate bars

The distribution of actual weights of 8-oz chocolate bars produced by a certain machine is normal with mean 7.7 ounces and standard deviation 0.2 ounces. a) What is the probability that the average weight of a random sam ...

In a large university 20 of the students are business

In a large university, 20% of the students are business majors. A random sample of 100 students is selected, and their majors are recorded. 1. Compute the standard error of the proportion. 2. What is the probability that ...

Stock valuationsuppose you know that a companys stock

Stock Valuation Suppose you know that a company's stock currently sells for $72 per share and the required return on the stock is 11.5 percent. You also know that the total return on the stock is evenly divided between a ...

We polled a sample of 900 random people on whether they

We polled a sample of 900 random people on whether they thought a candidate for a high government position deserves to be nominated. We found that 405 of the 900 people (or 45%) believe the candidate should not be nomina ...

Anbsphow much money would you have to invest today to

a.  How much money would you have to invest today to accumulate ?$3,100   after  4 years  if the rate of return on your investment is 15?%? b.  What is the present value of ?$3,100 that you will receive after 4 years if ...

Amount of emails mean30find the probability that 20 emails

Amount of emails. Mean=30 Find the probability that 20 emails are received on the first day and 50 emails are received on the second day.

An oil company determines it costs 25000 to sink a test

An oil company determines it costs $25,000 to sink a test well, an oil hit yields a net revenue of $475,000($500,000 gross-$25,000costs), and a natural gas hit yields $125,000 net revenue ($150,000 gross-$25,000 costs). ...

An insurance company is selling a perpetuity contract that

An insurance company is selling a perpetuity contract that pays $2,00 monthly. The contract currently sells for $100,000. (a) What is the monthly return on this investment vehicle? (b) if instead the amount of monthly in ...

1i which of the following characterizes a market ordera a

1) i. Which of the following characterizes a market order? a) A market order, which is considered a small order, is when 100 shares of a stock are ordered b) A market order is when the investor specifies the maximum pric ...

  • 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