Question: Suppose that, for every lot of100 computer chips a company produces, an average of 1.4 is defective. Another company buys many lots of these chips

Suppose that, for every lot of100 computer chips a company produces, an average of 1.4 is defective. Another company buys many lots of these chips at a time, from which one lot is selected randomly and tested for defects. If the tested lot contains more than three defects, the buyer will reject all the lots sent in that batch. What is the probability that the buyer will accept the lots? Assume that the defects per lot are Poisson distributed.

Step by Step Solution

★★★★★

3.29 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

l 14 defects 1 lot If x 3 bu... 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)

409-M-S-S-D (623).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

The comparative balance sheet of Olson-Jones Industries Inc. for December 31, 20Y2 and 20Y1, is as follows: The following additional information is taken from the records: A. Land was sold for $120....

Suppose that for every hour you work you can earn $10 before taxes. Furthermore, suppose that you can work up to 16 hours per day, 365 days per year. Draw your annual budget constraint reflecting the...

AACSB Processors, Inc., produces an average of 10,000 units each month. The factory standards are 20,000 hours of direct labor and 10,000 pounds of materials for this volume. The standard cost of...

AAUP Processors Inc. produces an average of 10,000 units each month. The factory standards are 20,000 hours of direct labor and 10,000 pounds of materials for this volume. The standard cost of direct...

Suppose that, for every lot of 100 computer chips a company produces, an average of 1.4 are defective. Another company buys many lots of these chips at a time, from which one lot is selected randomly...

Suppose that, for every lot of 100 computer chips a company produces an average of 1.4 are defective. Another company buys many lots of these chips at a time, from which one lot is selected randomly...

Suppose that for every lot of 100 computer chips a company produces an average of 1.4 are defective. Another company buys many lots of these chips at a time, from which one lot is selected randomly...

Show the work and every step! Goodparts Co. The Goodparts Company produces a component that is subsequently used in the aerospace industry. The component consists of three parts (A, B, and C) that...

1. The median is often a better representative of the central value of a data set when the data set: Is bimodal. Has a high standard deviation. Is highly skewed. Has no outliers 2. The data in the...

A conductor suspended by two flexible wires as shown in figure has a mass per unit length of 0.0400 kg/m. What current must exist in the conductor for the tension in the supporting wires to be zero...

Can a firm record inventory out on consignment as revenue when transferred to the consignee? Explain.

Northeast Airlines determines that the marginal profit resulting from the sale of seats on a jet traveling from Atlanta to Kansas City, in hundreds of dollars, is given by ( ) = 6 . Find the total...

A plant has a batch of 100 kmol of a liquid mixture containing 20 mol% benzene and 80 mol% chlorobenzene. It is desired to rectify this mixture at 1 atm to obtain bottoms containing only 0.1 mol%...

A distillation unit consists of a partial reboiler, a column with seven equilibrium plates, and a total condenser. The feed consists of a 50 mol% mixture of benzene in toluene. It is desired to...

Two 2.4-kg slender rods are bent to form two square frames which are welded at the one-third points of the 600-mm shaft AB to form the assembly shown. Knowing that the assembly rotates with an...

Consider a damped harmonic oscillator. After four cycles the amplitude of the oscillator has dropped to 1/e of its initial value. Find the ratio of the frequency of the damped oscillator to its...

If the amplitude of a damped oscillator decreases to 1/e of its initial value after n periods, show that the frequency of the oscillator must be approximately [1 = (82n2)1] times the frequency of the...

List the factors leading to the upsurge in mezzanine investment in real estate during the 20-year period preceding 2008 and identify which still apply today.

Various types of retail outlets sell toys during the holiday season. Among them are specialty toy stores, large discount toy stores, and other retailers that carry toys as only one part of their...

One of the new thrusts of quality control management is to examine the process by which a product is produced. This approach also applies to paperwork. In industries where large long-term projects...

For the two large newspapers in your city, you are interested in knowing whether there is a significant difference in the average number of pages in each dedicated solely to advertising. You randomly...

Help me with this thanks Four logistic regression models are fitted to a data set in R using the following code: fitl

Today, a US firm agrees to buy merchandise from Mexico worth 12 million Mexican pesos. The merchandise will be delivered in 60 days with payment to be made in 90 days {that is, 30 days after the...

1. [Maximum mark: 5] The following diagram shows triangle ABC, with AB = 6 and AC = 8. diagram not to scale B 6 A C 8 (a) Given that cos A = alu , find the value of sin A. [3] (b) Find the area of...