Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

The equipment installed group at globus enterprises is regarding to make the cost estimate to find out how much it will cost to install the back up generator at government laboratory facility.ver the years, this group has carried out more than 100 such installations and has developed the database reflecting past experience. Data on distribution of cost for design work, building effort and testing effort is provided in table1

 

Cheapest ($/%)

Usual ($/%)

Expensive($/%)

Design

9000/30

10000/40

12000/30

Build

60000/20

70000/60

80000/20

Test

18000/20

20000/50

24000/30

The data in the table picture the cost of an effort and the percentage of times this cost is achieved for ex, 30% of the time ,design cost $9000;40% of the time it cost $10,000;30% of the time it cost $12,000

00

16

45

84

18

83

28

82

36

91

95

14

80

68

34

54

55

13

20

70

57

68

61

37

30

09

81

24

55

21

Two digit randowm numbers

Roughly determine the probability that project will cost moe than $105,000?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M917920
  • Price:- $20

Guranteed 24 Hours Delivery, In Price:- $20

Have any Question? 


Related Questions in Statistics and Probability

Recall that very satisfied customers give the xyz-box video

Recall that "very satisfied" customers give the XYZ-Box video game system a rating that is at least 42. Suppose that the manufacturer of the XYZ-Box wishes to use the 65 satisfaction ratings to provide evidence supportin ...

Project -you must show all steps for the hypothesis testing

Project - You must show all steps for the hypothesis testing; use either the critical value approach or the p-value approach. 1) a) Choose one of the following quantitative variables from the data set: Age, Weight, Cell ...

Candida has a revolving credit account at an annual

Candida has a revolving credit account at an annual percentage rate of 24%. Her previous monthly balance is $549.79. Find the new balance using the previous month's balance method if Candida's account showed the followin ...

A new process is proposed for the manufacture of steel

A new process is proposed for the manufacture of steel shafts, Data are 6.38, 6.40, 6.41, 6.38, 6.39, 6.36 and 6.37. Target is 6.40. a. What is the expected loss? b. What is the standard deviation?

If the slope of a straight line is 23 and correlation

If the slope of a straight line is 2.3 and correlation coefficient is 0.777, calculate coefficient of determination.

Question at the first state bank the average savings

Question: At the first state bank the average savings account balance in 2004 was $1300 with a standard deviation of $80. A random sample of 45 savings account balances for 2005 yielded a mean of $1350. At the alpha=01 s ...

1 if the independent variable has absolutely no effect on

1. If the independent variable has absolutely no effect on the dependent variable, will the means of the experimental conditions be the same? Why or why not? 2. An ANOVA for a one-way design partitions the total variance ...

1 suppose the mean test scores for a college enter exam is

1) Suppose the mean test scores for a college enter exam is normally distributed with mean = 78 and standard deviation = 12. a). If an individual student is selected at random, what is the probability that this student's ...

What was the highest point of the popes power and what was

What was the highest point of the pope's power and what was the lowest point?

A study wants to examine the relationship between student

A study wants to examine the relationship between student anxiety for an exam and the number of hours studied. The data is as follows: Student Anxiety Scores Study Hours 5 1 10 6 5 2 11 8 12 5 4 1 3 4 2 6 6 5 1 2 Why is ...

  • 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