Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 12 {10 points] Over the past two hundreds working days, the number of defective parts produced by a assembly line is shown in the

image text in transcribedimage text in transcribed
image text in transcribedimage text in transcribed
Question 12 {10 points] Over the past two hundreds working days, the number of defective parts produced by a assembly line is shown in the table below: Number of Defective Parts Number of Days 50 32 22 20 12 12 10 10 lilllox Humane-om 13 This information has been used to estimate the probability of a certain number of defective parts on a given day. Based on this data and the assumption determine followings (Hint: make a discrete probability distribution (relative frequency) first]: Determine the probability that tomorrow output will have none defective: \"Ev Determine the probability that tomorrow output will have no more than 4 defective: '/ Determine the probability that tomorrow output will have at least 2 defective: \"Ev Determine the probability that tomorrow output will have at most 8 defective: {v Determine the probability that tomorrow output will have 13 or fewer defective: \"Ev Determine the probability that tomorrow output will have more than 13 defective: {v Determine the expected number (expected value or mean) of defective part per day: x Determine the variance of the random variable x in the given table (round to nearest integer): l l "v Determine the standard deviation (round to nearest hundredth): l l 'v Question 14 (4 points) A Clean Site Construction Company has just received a building contract. From past experience, the company estimates there is 60% chance of making a $500,000 profit, a 10% chance of breaking even, and a 30% chance of losing $200,000, depending on weather conditions and other factor. What is the expected value of the company's contract

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

Logic For Computer Science Foundations Of Automatic Theorem Proving

Authors: Jean H Gallier

1st Edition

0486805085, 9780486805085

More Books

Students also viewed these Mathematics questions

Question

Subjective norms, i.e. the norms of the target group

Answered: 1 week ago