A manufacturing process is continually monitored for defective parts. Every hour 5 samples are taken from the

Question:

A manufacturing process is continually monitored for defective parts. Every hour 5 samples are taken from the process. Listed here are the number of defective parts in a sample of 5 and the probability associated with each.

Determine whether a probability distribution is given. In those cases where a probability distribution is not described, identify the requirement that is not satisfied. In those cases where a probability distribution is described, find its mean, variance, and standard deviation.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...