Homework Answers
Add Answer to:
Of 47 bank accounts at a small bank, 30 accounts have values of less than $1,000...
A local university found it could classify its students into one of three general categories: morning...
A local university found it could classify its students into one of three general categories: morning students (49%), afternoon students (27%), and evening students. 36% of the morning students, 26% of the afternoon students, and 16% of the evening students live on campus. What is the probability a non-Morning student does not live on campus? Question 1 Of 45 bank accounts at a small bank, 28 accounts have values of less than $1,000 and the rest have values of at...
Of 44 bank accounts, at a small bank, 20 accounts have values less than $1,000 and...
Of 44 bank accounts, at a small bank, 20 accounts have values less than $1,000 and the rest have the values of at least $1,000. Suppose 6 accounts are randomly sampled. What is the probability that exactly 5 of the 6 accounts have values of at least $1,000?
1) Continuous random variables are obtained from data that can be measured rather than counted. A)...
1) Continuous random variables are obtained from data that can be measured rather than counted. A) True B) False 2) Discrete variables have values that can be measured. A) True B) False 3) Determine whether the random variable described is discrete or continuous. The number of minutes you must wait in line at the grocery store A) continuous B) discrete 4) Determine whether the random variable described is discrete or continuous. The total value of a set of coins A)...
Question 1 Snowfalls occur randomly and independently over the course of winter in a Nebraska...
Question 1 Snowfalls occur randomly and independently over the course of winter in a Nebraska city. The average is one snowfall every 3 days. a) What is the probability of 5 snowfalls in 2 weeks? Carry answer to the nearest ten-thousandths b) What is the probability of a snowfall today? Carry answer to the nearest ten-thousandths Question 2 After observing the number of children checking out books, a librarian estimated the following probability distribution of x,...
Have to show work for every problem 4. A company uses three plants to produce a...
Have to show work for every problem
4. A company uses three plants to produce a new computer chip. Plant A produces 30% of the chips. Plant B produces 45% of the chips. The rest of the chips are produced by plant C. Each plant has its own defectiv rate. These are: plant A produces 3% defective chips, plant B produces 1% defective chips, plant C produces 5% defective chips. Hint: draw a tree diagram. (a) Construct a tree diagram...
Question 12 pts The length of time a person takes to decide which shoes to purchase...
Question 12 pts The length of time a person takes to decide which shoes to purchase is normally distributed with a mean of 8.21 minutes and a standard deviation of 1.90. Find the probability that a randomly selected individual will take less than 6 minutes to select a shoe purchase. Is this outcome unusual? Group of answer choices Probability is 0.88, which is usual as it is greater than 5% Probability is 0.12, which is usual as it is not...
1. Many companies use a incoming shipments of parts, raw materials, and so on. In the...
1. Many companies use a incoming shipments of parts, raw materials, and so on. In the electronics industry, component parts are commonly shipped from suppliers in large lots. Inspection of a sample of n components can be viewed as the n trials of a binomial experimem. The outcome for each component tested (trialD will be that the component is classified as good or defective defective components in the lot do not exceed 1 %. Suppose a random sample of fiver...
2) Populations versus samples. For each statement, answer with either population, sample, or both. A) The compl...
2) Populations versus samples. For each statement, answer with either population, sample, or both. A) The complete set of information. B) A portion, not all, of the information. C) Has the potential to be biased or misleading. D) Measured or summarized with parameters. E) Measured or summarized with statistics. 3) Descriptive versus inferential statistics. For each statement, answer with either descriptive or inferential statistics. A) Facts about samples. B) Educated guesses about populations based on samples. C) The world population...
Suppose a huge internet-based lighting company receives a shipment of several thousand boxes of light bulbs...
Suppose a huge internet-based lighting company receives a shipment of several thousand boxes of light bulbs every Tuesday. Inspectors return the merchandise to the manufacturer if the proportion of damaged light bulbs is more than 0.06 (6%). Rather than inspect all of the packages, 100 boxes are randomly sampled. As long as at least 10 damaged and 10 undamaged light bulbs are found, a one-sample z-test is run with a significance level of 0.01 to see if the proportion of...
CASE 14 SAM PLING DISTRIBUTORS "We have to think more about our acceptance sampling decisions," said Buddy Abbot, head of the production department of Sam Pling Distributors. Sam Pling Dist...
CASE 14 SAM PLING DISTRIBUTORS "We have to think more about our acceptance sampling decisions," said Buddy Abbot, head of the production department of Sam Pling Distributors. Sam Pling Distributors is a large company providing over twenty percent of the tire nuts used by American automobile manufacturers Listening attentively was Louis Costello, Abbot's assistant, who was charged with the sampling procedures used to ensure that out-going shipments conformed to the proper specifications noted on the order form. The key quality...
A local university found it could classify its students into one of three general categories: morning students (49%), afternoon students (27%), and evening students. 36% of the morning students, 26% of the afternoon students, and 16% of the evening students live on campus. What is the probability a non-Morning student does not live on campus? Question 1 Of 45 bank accounts at a small bank, 28 accounts have values of less than $1,000 and the rest have values of at...
1) Continuous random variables are obtained from data that can be measured rather than counted. A) True B) False 2) Discrete variables have values that can be measured. A) True B) False 3) Determine whether the random variable described is discrete or continuous. The number of minutes you must wait in line at the grocery store A) continuous B) discrete 4) Determine whether the random variable described is discrete or continuous. The total value of a set of coins A)...
Have to show work for every problem
4. A company uses three plants to produce a new computer chip. Plant A produces 30% of the chips. Plant B produces 45% of the chips. The rest of the chips are produced by plant C. Each plant has its own defectiv rate. These are: plant A produces 3% defective chips, plant B produces 1% defective chips, plant C produces 5% defective chips. Hint: draw a tree diagram. (a) Construct a tree diagram...
1. Many companies use a incoming shipments of parts, raw materials, and so on. In the electronics industry, component parts are commonly shipped from suppliers in large lots. Inspection of a sample of n components can be viewed as the n trials of a binomial experimem. The outcome for each component tested (trialD will be that the component is classified as good or defective defective components in the lot do not exceed 1 %. Suppose a random sample of fiver...
2) Populations versus samples. For each statement, answer with either population, sample, or both. A) The complete set of information. B) A portion, not all, of the information. C) Has the potential to be biased or misleading. D) Measured or summarized with parameters. E) Measured or summarized with statistics. 3) Descriptive versus inferential statistics. For each statement, answer with either descriptive or inferential statistics. A) Facts about samples. B) Educated guesses about populations based on samples. C) The world population...
Suppose a huge internet-based lighting company receives a shipment of several thousand boxes of light bulbs every Tuesday. Inspectors return the merchandise to the manufacturer if the proportion of damaged light bulbs is more than 0.06 (6%). Rather than inspect all of the packages, 100 boxes are randomly sampled. As long as at least 10 damaged and 10 undamaged light bulbs are found, a one-sample z-test is run with a significance level of 0.01 to see if the proportion of...
CASE 14 SAM PLING DISTRIBUTORS "We have to think more about our acceptance sampling decisions," said Buddy Abbot, head of the production department of Sam Pling Distributors. Sam Pling Distributors is a large company providing over twenty percent of the tire nuts used by American automobile manufacturers Listening attentively was Louis Costello, Abbot's assistant, who was charged with the sampling procedures used to ensure that out-going shipments conformed to the proper specifications noted on the order form. The key quality...
Most questions answered within 3 hours.
-
In risk management, insurance is an example of:
Select one:
a. Risk avoidance
b. Risk deflection...
asked 3 minutes ago -
Write the equilibrium expression for the dissociation in
water for CH5N, C2H5O2COOH, H3AsO4, KClO2, HC2H2ClO2.
asked 1 minute ago -
Wildhorse Company follows the practice of pricing its inventory
at the lower-of-cost-or-market, on an individual-item
basis....
asked 37 minutes ago -
3. (10 pts) You grow a corn crop that yields 150 bushels ac-1,
with the following...
asked 25 minutes ago -
7. The term Six Sigma refers to:
Select one:
a. The control limits established in a...
asked 35 minutes ago -
For the following reaction: A(g) + 2 B(g) ⇌ 2 C(g) Calculate the
equilibrium constant K...
asked 37 minutes ago -
Which of the following best describes tidal volume? options:
1.The amount of oxygen in the air...
asked 54 minutes ago -
1. Smaller cost distortions occur when the traditional systems'
single indirect-cost rate and the activity-cost-driver rates:...
asked 1 hour ago -
Using either a FMECA approach or some other appropriate RCA
tool, identify five risk treatment actions...
asked 1 hour ago -
If for a test the P-value is between 0.0025 and 0.005, what
conclusion can you draw?...
asked 1 hour ago -
Using Python. Write a function clean2(aList) that takes a list
of integers aList as argument, and...
asked 1 hour ago -
Intrapreneurship is defined as the
development of an enterprise culture with an existing (Nandan,
2009). An...
asked 1 hour ago