Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3. A corporation has 21 manufacturing plants. Of these, 15 are domestic and 6 are located outside the United States. Each year a performance

image text in transcribed

3. A corporation has 21 manufacturing plants. Of these, 15 are domestic and 6 are located outside the United States. Each year a performance evaluation is conducted for 7 randomly selected plants. What is the probability that a performance evaluation will contain 4 plants from the United States? (8 points) 4. A company manufactures calculators on a dedicated production line that runs 24/7/365 (24 hours per day, 7 days per week, 365 days per year) and there is a 6.2 % defect rate of defects. Each calculator is independent of all other calculators. Find the probability of getting more than 1 defect in a random sample of 50 calculators (9 points).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Advanced Accounting

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik

6th edition

0-07-786223-6, 101259095592, 13: 978-0-07-7, 13978125909559, 978-0077862237

More Books

Students also viewed these Accounting questions