Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

The number of contaminant particles (?aws) found on each standard size silicon wafer produced at a certain manufacturing site is a random variable, X, that a quality control engineer wishes to characterize. A sample of 30 silicon wafers was selected and examined for ?aws; the result (the number of ?aws found on each wafer) is displayed in the Table  below.

4

1

2

3

2

1

2

4

0

1

3

0

0

2

3

0

3

2

1

2

3

4

1

1

2

2

5

3

1

1

(i) From this data set, obtain an empirical frequency distribution function, f(x), and compute E(X), the expected value of the number of ?aws per wafer.

(ii) Justifying your choice adequately but succinctly, postulate an appropriate theoretical probability model for this random variable. Using the result obtained in

(i) Above for E(X), rounded to the nearest integer, compute from your theoretical model, the probability that= 012345 and 6, and compare these theoretical probabilities to the empirical ones from (i).

(iii) Wafers with more than 2 ?aws cannot be sold to customers, resulting in lost rev- enue; and the manufacturing process ceases to be economically viable if more than 30% of the produced wafers fall into this category. From your theoretical model, determine whether or not the particular process giving rise to this data set is still economically viable.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91709602

Have any Question?


Related Questions in Basic Finance

What is the corporate bond market and what are key

What is the Corporate Bond Market, and what are key differences between the bond and stock markets? What is A Government Bond Market?

Prepare a amortization schedule for a five-year loan of

Prepare a amortization schedule for a five-year loan of $71,000. The interest rate is 7 percent per year, and the loan calls for equal annual payments. YEAR BEGINNING BALANCE TOTAL PAYMENT INTEREST PAYMENT PRINCIPAL PAYM ...

How would you evaluate flash memorys performance and

How would you evaluate flash memory's performance and financial position?

Market-value ratios garret industries has a priceearnings

(?Market-value ratios?) Garret Industries has a? price/earnings ratio of 19.46X a. If? Garret's earnings per share is ?$1.65?, what is the price per share of? Garret's stock? b. Using the price per share you found in par ...

Suppose a new ergonomic safety intervention cost 405000

Suppose a new ergonomic, safety intervention cost $405,000. Further suppose the intervention is certain to prevent all back injuries associated with the job. Over the last three years, the employer has averaged 14 injuri ...

A few years ago simon powell purchased a home for 250000

A few years ago, Simon Powell purchased a home for $250,000. Today, the home is worth $450,000. His remaining mortgage balance is $200,000. Assuming that Simon can borrow up to 70 percent of the market value, what is the ...

Assume that you put 37341 dollars in an account that earns

Assume that you put 373.41 dollars in an account that earns simple interest at a 13.2 percent annual rate. How much is in your account after 13 years from now?

You plan to buy the house of your dreams in 12 years you

You plan to buy the house of your dreams in 12 years. You have estimated that the price of the house will be $78,423 at that time. You are able to make equal deposits every month at the end of the month into a savings ac ...

For each of the following ytm figures calculate the price

For each of the following YTM figures, calculate the price and current yield for a ten-year, 5.00-percent, semi-annual pay bond with a face value of $1,000. YTM= 4% Price and current yield

Arvo corporation is trying to choose between three

Arvo Corporation is trying to choose between three alternative investments. The three securities that the company is considering are as follows: Tax-free municipal bonds with a return of 8.8%. Wooli Corporation bonds wit ...

  • 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