A typical days production of a certain electronic component is twelve. The probability that one of these
Question:
A typical day’s production of a certain electronic component is twelve. The probability that one of these components needs rework is 0.11. Each component needing rework costs $100. What is the average daily cost for defective components?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
Solution The probability of each component needing rework is 01112100 00011 Ea...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Introduction To Mathematical Statistics And Its Applications
ISBN: 9780134114217
6th Edition
Authors: Richard Larsen, Morris Marx
Question Posted:
Students also viewed these Sciences questions
-
The lifetimes of a certain electronic component are known to be normally distributed with a mean of 1,600 hours and a standard deviation of 400 hours. a. For a random sample of 16 components, find...
-
The lifetime T (in hours) of a certain electronic component is a random variable with density function a. Find F(t) and R(t). b. What is the reliability of the component at t = 25 hours? c. Find z(t)...
-
The lifetime (in days) of a certain electronic component that operates in a high-temperature environment is lognormally distributed with = 1.2 and = 0.4. a. Find the mean lifetime. b. Find the...
-
Which of the following is characteristic of a traditional cost system? a. Reliance on financial performance measures b. Many work in process account transactions c. Many process control points d. All...
-
Are the following assets rate sensitive within a six- month time frame? Explain. a. Three- month T- bill b. Federal funds sold (daily repricing) c. Two- year Treasury bond with semiannual coupon...
-
Carson had the following itemized deductions in 2015: State income taxes...................................................$1,500 Charitable...
-
Question: Mark has sued his next-door neighbor, Janelle, based on the state common law of negligence. He is testifying in court, explaining how Janelle backed a rented truck out of her driveway and...
-
Eckert Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course....
-
. Derek currently has $13, 129.00 in an account that pays 5.00%. He will withdraw $5,855.00 every other year beginning next year until he has taken 7.00 withdrawals. He will deposit $13129.0 every...
-
According to ightstats.com, American Airlines ights from Dallas to Chicago are on time 80% of the time. Suppose 15 ights are randomly selected, and the number of on-time ights is recorded. (a)...
-
Let Y have probability density function f Y (y) = 2(1 y), 0 y 1 Suppose that W = Y 2 , in which case Find E(W) in two different ways. fw (w) = - 1 W 1, 0 w 1
-
Consider an urn with r red balls and w white balls, where r + w = N. Draw n balls in order without replacement. Show that the probability of k red balls is hypergeometric.
-
This question explores how an increase in demand for US assets may have slowed the depreciation of the dollar that many economists believe is warranted by the large US trade deficit and the need to...
-
Include a list of the principals involved in your business a mobile mechanic with a brief overview of how their particular skills will serve the business. Include accomplishments that relate to the...
-
What is the basic human psychology? What are the three basic human needs psychology? What are the three basic principles of psychology?
-
Martinez Company's ending inventory includes the following items. Product Helmets Units Cost per Unit Market per Unit 33 $ 55 $ 51 Bats 26 73 79 Shoes 47 Uniforms 51 92 37 96 37 Compute the lower of...
-
Discuss the significance of Process Hazard Analysis (PHA) techniques, such as Hazard and Operability Studies (HAZOP) and Failure Modes and Effects Analysis (FMEA), in identifying potential risks in...
-
How do hot topics and trends in the hospitality industry relate to your chosen topic? How is this trend developing? How to spot concrete examples of this contemporary trend in food service. Attach...
-
In 2014, Phoenix Corporation acquires a new research facility and hires several scientists to develop new products. No new products are developed until 2015, although the following expenditures were...
-
The company manufactures three products: wooden chairs, tables and dressers. AFC started off as a 'Mom & Pop' shop but has grown rapidly. AFC uses one assembly line to build all three products,...
-
Suppose that X and Y are distributed according to the joint pdf fX,Y(x, y) = 2/5 (2x + 3y), 0 x 1, 0 y 1 Find (a) fX(x). (b) fY|x(y). (c) P(1/4 Y 3/4|X = 1/2.
-
If X and Y have the joint pdf fX,Y(x, y) =2, 0 x < y 1 find P(0 < X < 1/2|Y = 3/4).
-
Find P(X < 1|Y = 1 1/2) if X and Y have the joint Pdf fX,Y(x, y) = xy/2, 0 x < y 2
-
Find the k-best (i.e. largest) values in a set of data. Assume you are given a sequence of values, one value at a time. We do not know how many elements there are in this sequence. In fact, there...
-
Present Value Index When funds for capital investments are limited, projects can be ranked using a present value index. A project with a negative net present value will have a present value index...
-
can you compute and explain?. Sheridan, lnc. is considering purchasing equipment costing $37000 with a 7-year useful life. The equipment will provide cost savings of $7600 and will be depreciated...
Study smarter with the SolutionInn App