Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

A company that produces DVD drives has a 12% defective rate. Let X represent the number of defectives in a random sample of 53 of their drives.

a. What is the probability the sample will contain exactly 3 defective drives? Give your answer to four decimal places.

b. What is the probability the sample will contain more than 3 defective drives? Give your answer to four decimal places.

c. What is the probability the sample will contain less than 3 defective drives? Give your answer to four decimal places.

d. What is the expected number of defective drives in the sample? Give your answer to two decimal places.

e. What is the variance of the number of defective drives in the sample? Give your answer to four decimal places.

f. What is the standard deviation of the number of defective drives in the sample? Give your answer to four decimal places.

g. Each defective drive costs the company 13 dollars. What is the expected cost to the company for the defective drives in the sample? Give your answer to two decimal places.

h. Each defective drive costs the company 13 dollars. What is the standard deviation of the cost to the company for the defective drives in the sample? Give your answer to four decimal places.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91019235

Have any Question?


Related Questions in Statistics and Probability

Consumer product manufacturers commonly include customer

Consumer product manufacturers commonly include customer satisfaction surveys on product warranty cards that are sent back to the company. An outdoors company redesigned a popular camping tent, and it wants to know wheth ...

Total cholesterol in children 10 to 15 years of age is

Total cholesterol in children 10 to 15 years of age is assumed to follow a normal distribution of 191 and a standard deviation 22.4. What proportion of children 10 to 15 years of age has total cholesterol between 180 and ...

A sample of 100 people is classified by gender malefemale

?A sample of 100 people is classified by gender (male/female) and by whether they are registered voters. The sample consists of 80 females and 20 males, and has a total of 60 registered voters. If these data are used for ...

Suppose a firm uses sales teams to market their products

Suppose a firm uses sales teams to market their products. For example, a construction equipment manufacturer may assign three sales agents to a team so each team member can specialize in particular product functions (e.g ...

The statistical and regression questions are listed

The statistical and regression questions are listed below: What is the value of the simple correlation between TICKETS and COST? If you are able to determine the answer, is showing the film in more theatres associated wi ...

Two plots at rothamsted experimental station were studied

Two plots at Rothamsted Experimental Station were studied for production of wheat straw. For a random sample of years, the annual wheat straw production (in pounds) from one plot was as follows. 6.12 7.03 5.77 6.96 7.31 ...

A researcher randomly assigned 160 subjects into one of two

A researcher randomly assigned 160 subjects into one of two groups: Atkins diet or Weight Watchers. The response variable was weight change in pounds after 6 weeks. The t-test results showed a p-value=.049. What can be c ...

Explain how the company newmans own brand fulfills the

Explain how the company Newman's Own brand fulfills the definition of a business for profit and a non-profit business at the same time. Consider in the response the functions of business, entrepreneurship and production ...

Dave and ellen are newly married and living in their first

Dave and Ellen are newly married and living in their first house. The yearly premium on their homeowner's insurance policy is $400 for the coverage they need. Their insurance company offers a discount of 8 percent if the ...

Sixty-seven percent of adults have looked at their credit

Sixty-seven percent of adults have looked at their credit score in the past six months. If you select 31 customers, what is the probability that at least 20 of them have looked at their score in the past six months?

  • 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