Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Question: 1. Only thirty percent of the items from a production line meet stringent requirements for a special job. Units from the line are tested in succession. Under the usual assumptions for Bernoulli trials, what is the probability that three satisfactory units will be found in eight or fewer trials?

2. The probability is 0.02 that a virus will survive application of a certain vaccine. What is the probability that in a batch of 500 viruses, fifteen or more will survive treatment?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92482745
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

What is the appropriate statistical analysis to use t-test

What is the appropriate statistical analysis to use: t-test for two independent samples, t-test for dependent samples, ANOVA, or chi-square test of independence? Please identify and explain why it is appropriate. (a) A s ...

What is the 99 confidence interval for a sample of 52 seat

What is the 99% confidence interval for a sample of 52 seat belts that have a mean length of 85.6 inches long and a standard deviation of 3.8 inches?

Project q costs 240 it provides inflows of 120 per year for

Project Q costs 240. It provides inflows of 120 per year for three years. The cost of funds is 6%. Find the replacement chain value needed to compare it to a six year project.

Doctoral assistant ships of phd students 50 have paid

Doctoral assistant ships of Ph.D students 50% have paid assistant ships. a random sample of n=200 students is chosen.. based on this sample and using the properties of the binomial distribution, what is the approximate s ...

The diameter of ping pong balls manufactured at a large

The diameter of Ping Pong balls manufactured at a large factory are approximately normally distributed with a mean diameter of 1.30 inches and a standard deviation of .04 inches. Use Excel to calculate the probability of ...

The december cbot treasury bond futures contract is quoted

The December CBOT Treasury bond futures contract is quoted at 92-19. If annual interest rates go up by 1.50 percentage points, what is the gain or loss on the futures contract? (Assume a $1,000 par value, and round to th ...

A researcher selects from a participant pool of 8 males and

A researcher selects from a participant pool of 8 males and 11 females. He determines that the probability of selecting 2 female participants is p = .335. Based on this probability, what strategy did the researcher use t ...

If the return on stock a in year 1 was 11 in year 2 was

If the return on stock A in year 1 was 11 %, in year 2 was -10 %, in year 3 was -4 % and in year 4 was 2 %, what was the standard deviation of returns for stock A over this four year period? (Round your answer to 1 decim ...

Consider the study of two insect populations at two exper-

Consider the study of two insect populations at two exper- imental stations. At station A, the egg hatch rate (computed from a set of 100 eggs at a time) is known to follow approximately a normal distribution with mean 6 ...

The probability that a football game will go into overtime

The probability that a football game will go into overtime is 15%. What is the probability that exactly two of three football games will go to into? overtime? Round to the nearest thousandth.

  • 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