Evertight, a leading manufacturer of quality nails, produces 1-, 2-, 3-, 4-, and 5-inch nails for various
Question:
Evertight, a leading manufacturer of quality nails, produces 1-, 2-, 3-, 4-, and 5-inch nails for various uses. In the production process, if there is an overrun or the nails are slightly defective, they are placed in a common bin. Yesterday, 651 of the 1-inch nails, 243 of the 2-inch nails, 41 of the 3-inch nails, 451 of the 4-inch nails, and 333 of the 5-inch nails were placed in the bin.
(a) What is the probability of reaching into the bin and getting a 4-inch nail?
(b) What is the probability of getting a 5-inch nail?
(c) If a particular application requires a nail that is 3 inches or shorter, what is the probability of getting a nail that will satisfy the requirements of the application?
Step by Step Answer:
Quantitative Analysis For Management
ISBN: 162
11th Edition
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna