27. A company has 2 machines that produce widgets. An older machine produces 23% defective widgets,...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
27. A company has 2 machines that produce widgets. An older machine produces 23% defective widgets, while the new machine produces only 8% defective widgets. In addition, the new machine produces 3 times as many widgets as the older machine does. Given that a widget was produced by the new machine, what is the probability it is not defective? a) 0.06 b) 0.50 c) 0.92 d) 0.94 27. A company has 2 machines that produce widgets. An older machine produces 23% defective widgets, while the new machine produces only 8% defective widgets. In addition, the new machine produces 3 times as many widgets as the older machine does. Given that a widget was produced by the new machine, what is the probability it is not defective? a) 0.06 b) 0.50 c) 0.92 d) 0.94
Expert Answer:
Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
Posted Date:
Students also viewed these mathematics questions
-
A company has 2 divisions: division A (DA) in Spain and division B (DB) in Ireland. DA produces a component sold to DB that DB sells to end-users. DA can produce 1,000 units of the component per...
-
Elaine sold 3 times as many magazine subsections as Ron did. Ron sold 16 fewer subsections than Elaine did. How many subsections did each sell?
-
The famous Widget Company sells widgets at the rate of 80,000 units per year. Each widget sells for $100, and it costs 30 percent to carry widgets in inventory for a year. The process of widget...
-
According to USA Today (March 18, 1997), of 4 million workers in the general workforce, 5.8% tested positive for drugs. Of those testing positive, 22.5% were cocaine users and 54.4% marijuana users....
-
Why is it not possible in Example 8.1 on page 253 to have 100% confidence? Explain.
-
A recent study indicated that 29% of the 100 women over age 55 in the study were widows. a. How large a sample must you take to be 90% confident that the estimate is within 0.05 of the true...
-
Calculate the interquartile range for each of the following sets of data: a. \(1,2,2,3,4,5,7,10\) b. \(21,8,17,7,12,19,5,12\) c. \(6,9,5,14,3,15,19,7,13,6,8,5\) d....
-
Ortiz Company is a manufacturer of toys. Its controller resigned in August 2012. An inexperienced assistant accountant has prepared the following income statement for the month of August 2012. Prior...
-
Evaluate using integration by parts: f^ (x. In (5x))dx. (x In (5.x)) dx = Click here to start next step (x-In (5-x))dx = +
-
1. Identify where (in its value system) and how IKEA have achieved cost leadership. 2. Identify how IKEA have achieved differentiation from their competitors. 3. Explain how IKEA tries to ensure that...
-
In 2021, its first year of operations, Wildhorse Corp. has a $770,000 net operating loss when the tax rate is 35%. In 2022, Wildhorse has $330,000 taxable income and the tax rate remains 35%. Assume...
-
In horse racing, a trifecta is a bet that the first three finishers in a race are selected in the correct order. In a race with 12 horses, how many different trifecta bets are possible? If you...
-
A: When a survey subject is randomly selected from the 100 senators in the 111th Congress, it is one of the 58 Democrats. B: When a second different senator is randomly selected, it is the one...
-
In the game of blackjack played with one deck, a player is initially dealt 2 different cards from the 52 different cards in the deck. Find the probability of getting a 2-card initial hand consisting...
-
Find the positive predictive value for the test. That is, find the probability that a subject uses drugs, given that the test yields a positive result.
-
A: When the first digit (0 through 9) of a four-digit lottery number is chosen by someone buying a ticket, it is the same first digit that is later drawn in the official lottery. B: When the second...
-
First Semester Question1. The following data for two variables X and Y (use Persons Correlation Coefficient. X: 2, 4, 6, 8, 10, 12 Y: 4, 6, 8, 10,12,14 It is required to find: 1. The value of Persons...
-
TRUE OR FALSE: 1. Banks with a significantly large share of fixed-interest rate home loans are less exposed to interest rate risks. 2. Although Australian banks are pretty big, they are not...
-
Explain how the quote can be interpreted from what you have learned.
-
Use the mortality table below to answer parts a-f. a. The life expectancy column gives the number of years a person of that age is expected to live. What is the life expectancy for a 67-year-old...
-
Mike owns 2,400 shares of JDS Uniphase Corp. The company instituted a 1-for-8 reverse stock split on October 17. The pre-split market price per share was $2.13. a. How many shares did Mike hold after...
-
Calculate the price of a six-month European put option on the spot value of an index. The six-month forward price of the index is 1,400, the strike price is 1,450, the risk-free rate is 5%, and the...
-
Why does hedging a short call option involve a buy high, sell low strategy?
-
The theta of a call option is -0.1. What does this mean?
Study smarter with the SolutionInn App