Question: Catalog Age lists the top 17 U.S. firms in annual catalog sales. Dell Computer is number one followed by IBM and W.W. Grainger. Of the

Catalog Age lists the top 17 U.S. firms in annual catalog sales. Dell Computer is number one followed by IBM and W.W. Grainger. Of the 17 firms on the list, 8 are in some type of computer-related business. Suppose four firms are randomly selected.

a. What is the probability that none of the firms is in some type of computer-related business?

b. What is the probability that all four firms are in some type of computer-related business?

c. What is the probability that exactly two are in non-computer-related business?

Step by Step Solution

★★★★★

3.27 Rating (156 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

given that out of 17 firms 8 are computer related ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

243-M-S-S-D (265).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

a what is the probability that the person responded Increase oil, gas and coal b what is the probability that the person responded Equally important or had no opinion Suppose we select three people...

A mail-order catalog business that sells personal computer supplies, software, and hardware maintains a centralized warehouse for the distribution of products ordered. Management is currently...

A mail-order catalog business that sells personal computer supplies, software, and hard- ware maintains a centralized warehouse for the distribution of products ordered. Management is currently...

The top 5 stocks in the S&P 500 index, when ranked by market capitalization, make up 22% of the total market capitalization of the S&P 500 index. Numerical estimates of the mean (or expected) rates...

Suppose u1, ....., up and v1,....., vq are vectors in a vector space V, and let H = Span {u1,.....,up} and K = Span {v1, ....... , vq} Show that H + K = Span {u1,......,up, v1,......., vq}?

Mabels Mobile Pet Grooming Service specializes in providing outrageous dog grooming services, turning the average household pet into a lion, tiger, dinosaur, or other non-canine-looking animal. The...

=+37. Walmart revenue. Walmart grew rapidly in the years leading up to the financial crisis. Here is the monthly revenue ($Billion) for Walmart from November 2003 to January 2007. 10 15 30 25 20 Nov...

Halm Skidoos Limited, a private company that began operations in 2014, always values its inventories at their current net realizable value. The company uses ASPE. Its annual inventory figure is...

Help with inccorrect answers Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in small plant that roles heavily on direct...

1. Is it possible to tell from the pedigree whether inheritance of the PSEN1 gene mutation is dominant or recessive? Explain your answer. 2. Is it possible to tell from the pedigree whether...

A television advertising schedule produced the following vehicle frequency distribution: f Percentage f Percentage f + 0 31.5 100.0 1 9.3 68.5 2 7.1 59.2 3 6.0 52.1 4 5.2 46.1 5 4.6 40.9 6 4.1 36.3 7...

The use of loyalty programs in the marketplace allows companies to collect more and more data on customers. Some consumers do not realize this information is being compiled and used to market to...

(x) Consider the one-dimensional (1D) discrete system with linear springs depicted in Figure 1 for which we have the following data: 1) Boundary conditions (fixed support): U1 = 0, 42 = 0 2) External...

2 Sundial Company has assigned $710,000 in total overhead cost to four different activity cost pools. The activity requirements for its two products lines, Economy and Deluxe, are shown below. Input...

Water enters a crossflow heat exchanger (both fluids unmixed) at 16 C and flows at the rate of 7.5 kg/s to cool 10.0 kg/s of air from 120 C. For an overall heat transfer coefficient of 225 W/m K and...

In week 4, you will choose your topic and write thesis statement for the Argumentative Essay. Please select a topic and complete thesis statement. You are free to select whatever topic you like, as...

7.12 Prove the following (equivalent) version of Blyths Method (Theorem 7.13). Theorem 8.7 Suppose that the parameter space r is open, and estimators with continuous risks are a complete class. Let ...

The swap spread is the difference between the swap rate and the equivalent-maturity Treasury bond yield. Explain why a widening swap spread may be a signal of deteriorating economic conditions. Plot...

Spend some time studying Chipotle, the popular Mexican food restaurant chain. Identify the growth strategies Chipotle has utilized. Comment on Chipotles overall approach to growth and any...

The data shown here, from the OECD, show the inflows and outflows of foreign direct investments in Canada. Use these data to develop a regression model to forecast the foreign inflows by foreign...

The OECD publishes data on inflows of foreign direct investments in different countries, including Canada, for which data are given below. Use these data to develop an autoregression model with a...

Shown here are the Canadian total monthly consumer price index (CPI) values for July 2016 through June 2019. Use the data to answer the following questions. a. Compute the 4-month moving average to...

A food safety guideline is that the mercury in fish should be below 1 part per million (ppm) Listed below are the amounts of mercury (ppm) found in tuna sushi sampled at different stores in a major...

Question 33 Test the claim that the proportion of men who own cats is significantly different than the proportion of women who own cats at the 0.02 significance level. The null and alternative...

help please thanks Consider the relationship between the number of bids an item on ebay received and the item's selling price. The following is a sample of 3 items sold through an auction. Price in...