Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

The Stonebridge Tire Co. manufactures passenger­ car tires. The manufacturing process results in either first-quality tires, blemished tires, or defective tires. The proportions of the tires manufactured that fall in the three categories are .88, .09, and .03, respectively. The manufacturing process is such that the classification of a given tire is unaffected by the classifications of any other tires produced.

a. A lot of 12 tires is taken from the assembly line and inspected for shipment to a tire retailer that sells only first-quality tires. What is the probability that all of the tires will be first-quality tires?

b. For the lot of tires in part (a), what is the probability that there will be no defective tires among the 12 tires?

c. What are the expected number of first-quality tires, blemished tires, and defective tires in the lot of 12 tires from part (a)?

d. What is the probability that the 12 tires will con­ tain 8 first-quality tires, 3 blemished tires, and 1 defective tire?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91669633

Have any Question?


Related Questions in Statistics and Probability

A laboratory worker finds that the 3 of his blood samples

A laboratory worker finds that the 3% of his blood samples test positive for the HIV virus. In a random sample of 70 blood tests, what is the mean number that test positive for the HIV virus? (Round your answer to 1 deci ...

Calculating project ocfsummer time inc is considering a new

Calculating Project OCF. Summer Time, Inc. is considering a new 3-year project that requires an initial fixed asset investment of 3.9 million. The fixed asset will be depreciated straight line to zero over its three-year ...

How much of the opposing side should you share in a

How much of the opposing side should you share in a presentation to a multiple-perspective audience, and what techniques would you use?

A process is normally distributed with a mean of 104

A process is normally distributed with a mean of 104 rotations per minute and a standard deviation of 8.2 rotations per minute. If a randomly selected minute has 118 rotations per minute, would the process be considered ...

In the game of roulette a player can place a 7 bet on the

In the game of? roulette, a player can place a ?$7 bet on the number 18 and have a 1/38 probability of winning. If the metal ball lands on 18?, the player gets to keep the ?$7 paid to play the game and the player is awar ...

Two fair dice are rolled and the sum of the points is noted

Two fair dice are rolled and the sum of the points is noted. Find the probability that the sum is 6 given that at least one of the numbers is less than 3.

Consider the distribution of 17 numbers Consider the distribution of 17 numbers:

Consider the distribution of 17 numbers: 6,9,11,19,23,27,29,36,41,43,47,50,51,55,58,63,67 A distribution of medical data is Normal with Mean of 40 and Standard Deviation of 10; that is N(40,10) a. Betty's score is 5.17. ...

Calculation of individual costs and wacc lang enterprises

Calculation of individual costs and WACC Lang Enterprises is interested in measur-ing its overall cost of capital. Current investigation has gathered the following data. The firm is in the 21% tax bracket. Debt The firm ...

6year 8 coupon bond with semi annual payments par value

6 year, 8% coupon bond with semi annual payments, Par Value = $1000. 1) Find out price of the bond if YTM = 10%. 2) What happens to the bond price if YTM decreases 1 basis point? 3) Is the effect of 1 basis point decreas ...

Average sales for an online textbook distributor were 7467

Average sales for an online textbook distributor were $74.67 per customer per purchase. Assume the sales are normally distributed. If the standard deviation of the amount spent on a textbooks is $9.49, find these probabi ...

  • 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