If the probability of an automobile part being defective is 0.02, find the probability of getting exactly
Question:
If the probability of an automobile part being defective is 0.02, find the probability of getting exactly 3 defective parts in a sample of 12.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
Prexactly ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Mathematical Applications For The Management, Life And Social Sciences
ISBN: 9781337625340
12th Edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
Students also viewed these Mathematics questions
-
A manufacturing process is continually monitored for defective parts. Every hour 5 samples are taken from the process. Listed here are the number of defective parts in a sample of 5 and the...
-
A casino cheat is caught trying to use a pair of loaded dice. At his court trial, physical evidence reveals that some of the black dots were drilled, filled with lead, then repainted to appear...
-
A minor league baseball executive has become concerned about the slow pace of games played in her league, fearing that it will lower attendance. She meets with the leagues managers and umpires and...
-
Calculate the Total Cost of Ownership of the following 2 models and determine which model is a better buy. Model X Model Y $50,000 $60,000 Purchase price = Expected useful life = Maintenance cost per...
-
Consider the following model: Yi = B0 + B1Xi + B2D2i + B3D3 + ui where Y = annual earnings of MBA graduates X = years of service D2 = 1 if Harvard MBA = 0 if otherwise D3 = l if Wharton MBA = 0 if...
-
Vanessa Lazo was an amazing high school student and so it was no great surprise when she was accepted into Prestige Private University (PPU). To entice Vanessa to attend PPU, the school offered her a...
-
De-Laval turbine is a: (a) simple single wheel reaction turbine (b) simple single wheel impulse turbine (c) velocity compounded impulse turbine (d) pressure compounded impulse turbine.
-
Horse Country Living publishes a monthly magazine for which a 12-month subscription costs $30. All subscriptions require payment of the full $30 in advance. On August 1, 2010, the balance in the...
-
Please discuss the role of an administrative healthcare professional and the skills and characteristics needed to perform this role successfully. Your response must be at least 10 well-written,...
-
You work at a victim/witness resource center where you assist the victims of crime to handle the emotional and technical ramifications of the crime before they go to court. The husband of a victim, a...
-
What is the area under the standard normal curve between z = -1.6 and z = 1.9?
-
Empirical records show that the probability is 0.06 that a driver insured with Riders Insurance Company will have an accident during 2019 in which he or she is at fault. If the company has 12,000...
-
In this exercise, you modify the Enrollment application from Exercise 6. Use Windows to make a copy of the Enrolled Solution folder. Rename the folder Modified Enrolled Solution. Open the Enrolled...
-
Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses...
-
A production department reports the following conversion costs. Equivalent units of production for conversion total 436,000 units this period. Calculate the cost per equivalent unit of production for...
-
Consider the following: Net Income Depreciation Expense Gain on Sale of Land Increase in Inventory Increase in Wages Payable Payment of Dividends $51,900 36,000 22,500 6,150 18,450 6,000 Calculate...
-
84. Which is incorrect order of -I (1) F>Cl> Br>I (2) NR,>-NH3>-NO (3) OCH3>-OH>NH, > -C = CH>H (4) 85. Which of the following compounds is most basic? (1) CH3NH2 (3) CH,-N-CH3 CH (2) CH3-NH-CH3 (4)...
-
. Assume that over the past 88 years, U.S. Treasury bills had an average return of 3.5% as compared to 6.1% on long-term government bonds. What was the average risk premium on the long-term...
-
Prepare year-end adjusting journal entries for M&R Company as of December 31, 2017, for each of the following separate cases. (Entries can draw from the following partial chart of accounts: Cash;...
-
For a Poisson process of rate , the Bernoulli arrival approximation assumes that in any very small interval of length , there is either 0 arrivals with probability 1- or 1 arrival with probability ....
-
24 The following table lists the annual world production of 21 fruits (in millions of metric tons). Use a graphical technique to present these figures. Annual Production (Millions of Metric Tons)...
-
Governments in both Canada and the United States have considered passing legislation that increases the minimum hourly wage to $15. The current (as of October 2015) minimum hourly wage in each...
-
Pew Research Center Date: June 2015 Population: Americans who are most likely to vote, donate to campaigns, and participate directly in politics. (They comprise about 20% of all Americans.) Question:...
-
What is the minimum quantity firms need to sell in order to start earning profit given insurance costs of $50,000, materials o per unit, and break even quantity is 1500?
-
Assume a 10% discount rate and compute the present value of Rs. 1100, Rs.900, Rs.1500 andRs.700 received at the end of 1-4 years In the above sum if the amounts are received at the beginning of the...
-
Recall that an FX rate XXXYYY = Bid/Offer gives the rate of YYY per XXX. You can buy XXX/sell YYY at the offer price and sell XXX/buy YYY at the bid price. EURUSD is trading at 1.4760/1.4763 USDJPY...
Study smarter with the SolutionInn App