Question: please explain this, 1) Off the production line, there is a 2.2% chance that a candle is defective. If the company selected 40 candles off

please explain this,

1) Off the production line, there is a 2.2% chance that a candle is defective. If the company selected 40 candles off the line, what is the standard deviation of the number of defective candles in the group?

2) The probability of a potential employee passing a training course is 86%. If you selected 15 potential employees and gave them the training course, what is the probability that 12 or more will pass the test?

3) The probability of a potential employee passing a drug test is 86%. If you selected 15 potential employees and gave them a drug test, how many would you expect to pass the test?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

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

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

For the logistic regression model fitted to the training set, what is the coefficient for the KIDSDRIV variable? (Round to two decimal places) Question 3 options: Question 4 (1 point) Listen For the...

4. Even though inventories are described as the smallest of the three areas of business spending, economists tell us that they are extremely important --- why? In theory, what could "go wrong" if a...

SHOW ALL WORK, ENTER ANSWERS ON THE BLANK PROVIDED Name SB ID #:_ _ Your TA This is worth 5% of your final exam grade. Please print and hand in this original document with your work on it. Show all...

The information below relates to the audit of EyeMax Corporation, a client with a calendar year-end. EyeMax has debt agreements associated with publicly traded bonds that require audited financial...

Dan Barnes, financial manager of Ski Equipment Inc. (SKI), is excited, but apprehensive. The companys founder recently sold his 51% controlling block of stock to Kent Koren, who is a big fan of EVA...

The first quarter of 2008 had not yet ended and Steve Savage already knew the company would surpass the projected $22 million in revenues for the year. He and the management team had doubled sales...

I need help with the problem on page 4 of the Excel file. It's an options problem. Please answer the questions, including the embedded formulas and brief rationale you used to get the answer. Answer...

You are a management consultant and was commissioned by Macys Department Store to review its profitability for the past 3-years. You are tasked with reviewing Macys net profit margin for FY 2019,...

Answer all of the following its macro,, please explain weel 1. An exchange economy has two dates t = 0, 1 and two states of nature s = 1, 2 which will be revealed at date 1. Unlike the model in...

(Please explain Question) 1, Give a one to two sentence definition of a "contract" and give an example, ie. type of contract? ANSWER: XXX 2, There are written contracts and ___________ contracts,...

(A): Estimate the approximate amount of domestic solid waste to be generated in the coming10-years (2019-2028) for future planning for solid waste management and land in a tourist country. The...

On January 1, 2011, Classic Clothing Corporations shareholders equity account balances were as follows: Preferred stock (5%, $80 par noncumulative, 35,000 shares authorized) .....$ 800,000 Common...

Describe how FARC's labeling as a terrorist organization blurred the academic discussion between internal armed conflict and terrorist organizations. Write a Summary 400 words Utilize sources with...

Oust the Turtle Company has the following balances on December 31, 2020: Cash on hand 4,500.00 Cash in bank A 33,000.00 Cash in bank X 50,000.00 Cash in bank C 822,999.72 Cash on hand includes $ 3....