There were 250 bad pieces in 1800 pieces.
Probability of a defective hopper, p = 250 / 1800 = 0.1389
There were 1200 pieces still remaining. So, 1800 - 1200 = 600 pieces were placed in packages.
Each package contains 8 pieces.
So, number of packages, n = 600 / 8 = 75
Probability that there are no defective piece in 8 pieces = (1 - 0.1389)8 = 0.3023
Probability that a package contain a defective piece = 1 - 0.3023 = 0.6977
Expected number of packages to contain a defective piece = number of packages * Probability that a package contain a defective piece
= 75 * 0.6977
= 52.3275
3. After shipping bags of parts, it was learned that an intern dumped a box of...
Read the attached article. Do you feel one style of banking
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minimize market volatility and risk better or is it just packaged
differently? Do you feel the US (Western) Banking system can better
control the patterns of behavior going forward that have caused
economic damage in the past? Should the Fed continue its stimulus
policy, reduce it or abandon it entirely (Google some recent
articles to research this)? (Please...