Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 10, 2024

Spoke Weaving Corporation has eight weaving machines of the same kind and of the same age. The probability is0.08 that any weaving machine will break

Spoke Weaving Corporation has eight weaving machines of the same kind and of the same age. The probability is0.08

that any weaving machine will break down at any time.

Find the probability that at any given time none of the weaving machines will be broken down.

Round your answer to four decimal places.

P(none)=?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Mathematics for Economics and Business

Authors: Ian Jacques

9th edition

129219166X, 9781292191706 , 978-1292191669

More Books

Students also viewed these Mathematics questions

Question

★★★★★

On January 1, 2017, Kimbel Inc. had these stockholders' equity balances Common Stock, $1 par (2,000,000 shares authorized, 600,000 shares issued and outstanding) .............................$...

Answered: 1 week ago

Question

★★★★★

How would you critique the quality of the communication between all parties in this case?

Answered: 1 week ago

Question

★★★★★

On May 10, Century Realty Inc. issued for cash 90,000 shares of no-par common stock (with a stated value of $30) at $42. On September 3, Century Realty Inc. issued at par value 36,000 shares of...

Answered: 1 week ago

Question

★★★★★

Which of the following statements is true of forecast errors? Forecast errors are the difference in successive values of a time series. Forecast errors should all be nonnegative. Forecast errors...

Answered: 1 week ago

Question

★★★★★

a company borrows 2 , 0 0 0 , 0 0 0 and uses the money to purchase high technology

Answered: 1 week ago

Question

★★★★★

Using information from this chapter as well as information from the tax agency in your state (likely called the Department of Revenue) and your local government, find all of the taxes to which a sole...

Answered: 1 week ago

Question

★★★★★

QUESTION 1 In the confusion matrix (from a segmentation output) given below: a) Where do the numbers for the "Predicted" columns come from? (HINT: We all know it comes from the data. The question is:...

Answered: 1 week ago

Question

★★★★★

1) Mitchell works in the produce section at a small local supermarket and would like to test whether the proportion of apples people purchase is the same for each season, using a significance level...

Answered: 1 week ago

Question

★★★★★

I can interpret all parts of the definition of a function in terms of an integral of another function. From the graph of the integrand used in the definition of such a function, I can state where...

Answered: 1 week ago

Question

★★★★★

QUESTION 1 Kristen Pacheco owns a small restaurant that's open seven days a week. Until recently, she forecasted the daily number of customers she would have using her intuition. However, she wanted...

Answered: 1 week ago

Previous Question Next Question