Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

"It is generally believed that electrical problems affect about 14% of new cars. An automobile mechanic conducts diagnostic tests on 128 new cars on the lot."

Q1 = What is the standard deviation for the sample proportion? a.) 0.11 b.) 0.021 c.)0.031 d.) .021

"What is the probablily that in this group over 18% of the new cars will be found to have electrical problems?"

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9114513

Have any Question?


Related Questions in Statistics and Probability

Amy wants to deposit money each year for the next five

Amy wants to deposit money each year for the next five years and each deposit to have $30,000 in real dollars currently and the inflation rate is 3% per year and the nominal interest rate is 9.18%. (Round off all answers ...

An investment costs 60096 and offers a return of 10 percent

An investment costs $60,096 and offers a return of 10 percent annually for ten years. What are the annual cash inflows anticipated from this investment? Use Appendix D to answer the question. Round your answer to the nea ...

1 let random variable x represent the

1. Let random variable x represent the number of heads when a fair coin is tossed two times. (a) Construct a table describing the probability distribution. x P(x) 0 1 2 Determine the mean and standard deviation of x.

Please let me know what are the steps involved in computing

Please let me know what are the steps involved in computing the future value when you have multiple cash flows.

Staples has six special drafting pencils for sale two of

Staples has six special drafting pencils for sale, two of which are defective. A student buys two of these six drafting pencils, selected at random. Let the random variable X be the number of defective pencils. Construct ...

How many years and months will it take 2 million to grow to

How many years (and months) will it take $2 million to grow to $5.60 million with an annual interest rate of 7 percent?

A political candidate wishes to determine if endorsing

A political candidate wishes to determine if endorsing increased social spending is likely to affect her standing in the polls. She has access to data on the popularity of several other candidates who have endorsed incre ...

Suppose that a b and c are events in a sample space s such

Suppose that A, B and C are events in a sample space S, such that: A and B are equally likely; C is four times as likely as B; B and C are independent; if either B or C occurs, then A cannot occur; at least one of A, B o ...

1 let z be a standard normal random variable with mean 0

1) Let Z be a standard normal random variable with mean = 0 and standard deviation = 1. Us the normal table to find the following answers. a) P(0 b) P(-1.22 c) Find the value Z 0  such that P(0 0 )= 0.4901. 2) On a typic ...

A system has two independent components both components

A system has two independent components. Both components must function for the system to function. The first component has 7 components that each work with probability 0.95. If at least 5 elements are working then the fi ...

  • 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