Question

A manufacturer of balloons finds that 3.0% of its balloons fail quality-control testing. a) What is...

A manufacturer of balloons finds that 3.0% of its balloons fail quality-control testing.
a) What is the probability that one of the first five balloons tested will be defective?
b) What is the expected waiting time for a defective balloon?

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Answer #1

The output is:

5 n
0.03 p
cumulative
X P(X) probability
0 0.85873 0.85873
1 0.13279 0.99153
2 0.00821 0.99974
3 0.00025 1.00000
4 0.00000 1.00000
5 0.00000 1.00000
1.00000
0.150 expected value
0.146 variance
0.381 standard deviation

a) What is the probability that one of the first five balloons tested will be defective?

The probability is 0.13279.
b) What is the expected waiting time for a defective balloon?

Expected waiting time = 0.150

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