Question
The employees of a firm that manufactures insulation are being tested for indications of asbestos in their lungs. The firm is requested to sendfiveemployees who
The employees of a firm that manufactures insulation are being tested for indications of asbestos in their lungs. The firm is requested to sendfiveemployees who have positive indications of asbestos to a medical center for further testing. If40% of the employees have positive indications of asbestos in their lungs, find the probability thatfourteenemployees must be tested in order to findfivepositives. If each test costs $30, find the expected value in dollars and variance of the total cost of conducting the tests necessary to locate thefivepositives.
= $
2=
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