8. The following are the result of the survey made by the quality control department in a certain company that manufactures watches. The number of defective parts produced by the company has been identified. A random sample of 120 watches was used. Number of Defective Part Number of Watches 50 36 14 13 4 17 a. Assign probability for each number of defective part/s. b. What is the probability that a watch produced has more than 1 defective part? c. What is the probability of producing a perfect watch? d. Compute the expected number of defective parts a watch can have, e. Find the variance and standard deviation of the data. A corporation is selecting where to develop a restaurant with a capital of Php 3,000,000. They can put it in the center of a business district to raise prices, but it will have to compete with other restaurants in the area. They could even establish it in front of a school, where they would have to charge less since they would be competing with fewer restaurants. The company analyzed the considerations and data shows that building a restaurant in a commercial district has an 65% chance of earning Php 2 million and a 35% chance of losing the entire capital, whereas building a restaurant in front of a school has a 97% chance of earning Php 800 thousand and a 3% chance of losing the entire capital. Where should the corporation establish the restaurant based on the predicted profit