Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Assume you wish to state that less than 0.5% (0.005) of your cables are defective.

a. How many observations should you take so that you can employ the normal approximation?

b. Generate the set of n observations from the binomial distribution with 1 trial and event probability of 0.007, where n is your answer from

a. Using the normal approximation, compute the test statistic and rejection criteria (by hand/calculator).

c. Using your answers to b, conduct the hypothesis test to find out if the probability is equal to 0.005 or greater than 0.005. Given that you know the actual event probability

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M917353

Have any Question? 


Related Questions in Statistics and Probability

Roger reports i ascribe probability 03 to the philadelphia

Roger reports: I ascribe probability 0.3 to "the Philadelphia Phillies will win the World Series next year, Chris ascribes probability 0.4 to their winning the World Series and to me ascribing probability 0.4 that they w ...

Of the people who fished at clearwater park today 63 had a

Of the people who fished at Clearwater Park today, 63 had a fishing license, and 27 did not. Of the people who fished at Mountain View Park today, 60 had a license, and 40 did not. (No one fished at both parks.) Suppose ...

Consider the three alternative allocations of money m in an

Consider the three alternative allocations of money (m) in an economy composed of three people, with people labeled A, B, C, and alternative allocations labeled X, Y, Z. The values in the 9 cells are the moneys accruing ...

The potential revenues of all projects are in fact

The potential revenues of all projects are in fact uncertain. The company determines that the revenue for project 1 is following a uniform distribution ranging from $1,200,000 to $2,000,000. The revenue for project 2 is ...

Data mining review questions - xlminer labs - cluster

Data Mining Review Questions - XLMiner Labs - Cluster Analysis1. Marketing to Frequent Flyers. The file EastWestAirlinesCluster.xls contains information on 4000 passengers who belong to the airline's frequent flier progr ...

Assignmentthe production department of the newspaper wants

Assignment The production department of the newspaper wants to ensure that the mean blackness of the print for all newspapers is at least 0.97 on a standard scale in which the target value is 1.0. A random sample of 50 n ...

The question to address is what have you learned about

The question to address is: "What have you learned about statistics?" In developing your responses, consider - at a minimum - and discuss the application of each of the course elements in analyzing and making decisions a ...

The probability that a light bulb of a given brand is

The probability that a light bulb of a given brand is faulty is .1. You want to find the probability that fewer than 5% of a shipment of 1000 light bulbs is faulty. Use the Binomial Distribution to determine this.

1 what aspects of data analysis can be performed by

1. What aspects of data analysis can be performed by computers, and what are the advantages of using them to do so? 2. Review the procedures used to verify that collected data are coded and entered correctly before they ...

1nbspthe owner of a professional basketball team claims

1) The owner of a professional basketball team claims that the mean attendance at games is over 25,000 and therefore the team needs a new arena. Determine whether the hypothesis test for this claim is left-tailed, right- ...

  • 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

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen