Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Evertight, a leading manufacturer of quality nails, produces 1-, 2-, 3-, 4-, and 5- inch nails for various uses. In the production process, if there is an overrun or the nails are slightly defective, they are placed in a common bin. 
Yesterday, 651 of the 1- inch nails, 
243 of the 2- inch nails, 
41 of the 3- inch nails, 
451 of the 4- inch nails, and 
333 of the 5- inch nails were placed in the bin. 

(a) What is the probability of reaching into the bin and getting a 4- inch nail? 

(b) What is the probability of getting a 5- inch nail? 

(c) If a particular application requires a nail that is 3 inches or shorter, what is the probability of getting a nail that will satisfy the requirements of the application?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M984151

Have any Question?


Related Questions in Business Management

What contributes to making change communication effective

What contributes to making change communication effective within an organization?

Given the following table keynbspand fdsrepair

Given the following table, key and FDs, REPAIR (RepairInvoiceNumber, RepairDate, RepairCost, RepairEmployeeName, RepairEmployeePhone, SerialNumber, Type, TankCapacity) Candidate Keys: RepairInvoiceNumber, and (RepairDate ...

Sally purchases hardwood lumber for a custom

Sally purchases hardwood lumber for a custom furniture-building shop. She uses three suppliers, Northern Hardwoods, Mountain Top, and Spring Valley. Lumber is classi ed as either clear or has defects. Sally estimates tha ...

When hideo first joined the marketing team at purdy coffee

When Hideo first joined the marketing team at Purdy Coffee Roasters, he was an energetic member who inspired others with his enthusiasm and strong work ethic. As the marketing department grew in size, Hideo slowly slippe ...

How is it that a persons mental map impacts the ability of

How is it that a persons "mental map" impacts the ability of a leader to align the organization with the vision of the organization.

What are three examples of different terminology types used

What are three examples of different terminology types used in health care technology and describe the value for enhancing communication. Provide 1-2 references.

Low cost leader strategywhat are some of the risks

Low Cost Leader Strategy: What are some of the risks associated with a low cost leadership strategy? Provide one original example of a company that you believe employs this strategy and why?

What resources are you most likely to use for research in a

What resources are you most likely to use for research in a workplace? Discuss secondary resources, and primary resources including observation and surveys. What is a credible resource?

Need help on assignment for busi 460 ubc course which focus

Need help on assignment for busi 460 ubc course which focus on critical analysis and real estate forecasting.

Last week you explored various recruitment methods be

Last week you explored various recruitment methods. be considering three candidates for the position of administrative assistant at your company. Prior to beginning work on this discussion, review the article What Are th ...

  • 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