Stafford Production, Inc., is concerned with the quality of the parts it purchases that will be used
Question:
x P(x)
0…………….0.20
1…………….0.20
2…………….0.20
3…………….0.20
4…………….0.20
a. What is the expected number of defectives in a shipment of four parts? Discuss what this value really means to Stafford Production, Inc.
b. Compute and interpret the standard deviation of the number of defective parts in a shipment of four.
c. Examine the probabilities as assessed and indicate why this probability distribution might be called a uniform distribution. Provide some reasons why the probabilities might all be equal, as they are in this case.
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Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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