Find probability that exactly seven cabinets are defective

Assignment Help Basic Statistics
Reference no: EM13132079

A file cabinet manufacturer estimates that 5% of its file cabinets will have drawers that close improperly. Assume a production run of 120 cabinets is completed.

What is the mean and standard deviation of this distribution?What is the probability that 7 or more are defective? What is the probability that exactly 7 cabinets are defective?What is the probability that there are more than 8 defective file cabinets?

Reference no: EM13132079

Questions Cloud

Finding out the depreciation expense : Heathlands will use a three-year straight-line method. In the 2005 consolidated income statement, the depreciation expense:
The infrared spectrum of the xanthene reduction product : The infrared spectrum of the xanthene reduction product contains evidence that demonstrates that conjugation of the rings is still
Identify the vendor name of the software package : Which BPM software would you select and why? Identify the vendor, the name of the software package and several of the features that you thought that would be most beneficial to your company?
The demand-supply market models : The demand-supply market models (for each market below) to graphically illustrate and explain the following scenarios (in the short run). Identify for each scenario what the effects on price and quantity are likely to be. State your assumptions.
Find probability that exactly seven cabinets are defective : What is the probability that exactly 7 cabinets are defective? What is the probability that there are more than 8 defective file cabinets?
Briefly discuss the operating performance : Briefly discuss the operating performance and financial positions of Sepracor Industry averages for these ratios in 2007 were ROA 3.5%; Return on Equity 16%; and Debt to Assets 75%. Based on this analysis, would you make an investment in the compa..
What will be the distribution of income to barry : As salaries Aaron $10,000 and Barry $12,000; as interest on capital at the beginning of the year 10%; and remaining profits or losses 50%. If income for the year was $50,000, what will be the distribution of income to Barry?
Explain the conjugation provides additional stability : There are two reason why the enols of beta-dicarbonyl compounds, such as pentane-2,4-dione are relatively stable. One is that they are conjugated and the pi-electron overlap due to the conjugation provides additional stability.
Problem related to unrealized gain : In 2004, Parrot Company sold land to its subsidiary, Tree Corporation, for $12,000. It had a book value of $10,000. In the next year, Tree sold the land for $18,000 to an unaffiliated firm. The 2004 unrealized gain

Reviews

Write a Review

Basic Statistics Questions & Answers

  Expected winnings-charge for ticket for profit

A certain state lottery awards 418 prizes; 28-$200 prizes, 120-$25 prizes and 270-$20 prizes, for every 10,000 tickets sold.

  Hypothesis understanding

Suppose that we observe a random sample size n from a normally distributed population. If we are able to reject H0:µ = µ in favor of a two-tailed alternative hypothesis at the 10% significant level

  Value of the sample test-statistic

Let p represent the population proportion of all numbers in the corporate file that have a first nonzero digit of 1. What is the value of the sample test statistic? (Round your answer to two decimal places.)

  How margin of error associate to confidence interval-ecology

Illustrate how critical values associate to the confidence interval using example variable. Explain how margin of error associates to confidence intervals and to ecology.

  Discrete and continuous random variable

What is a discrete and continuous random variable? What is a probability distribution for a discrete random variable? Please provide examples to illustrate your answer? Please no textbook or internet examples, original examples only.

  Probability-birthdays of twelve people fall-twelve months

What is the probability that (a) the birthdays of twelve people will fall in twelve di?erent calendar months (assume equal probabilities for the twelve months).

  How quantity c can be classifed

The quantity C=4 refers to the fact that four of these data values were affirmative. Given this, then how would C=4 be classified?

  Proportion of children have total cholesterol between range

What proportion of children 10-15 years would be classified as hyperlipidemia(assume that hyperlipidemia is defined as a total cholesterol level over 200)?

  Normal approximation to binomial probability

How would you find the normal approximation to the binomial probability P(x = 5) in part A? Please show how you would calculate µ and σ in the formula for the normal approximation to the binomial, and show the final formula you would use without g..

  Average annual salary of all high school teachers

An economist found that a random sample of 42 high school teachers had an average annual salary of $56,490. A previous study showed that the population standard deviation is $4150. Find the 99% confidence interval for µ, the average annual salary ..

  Calculate measure of association

A research team conducted a study of soft-drink preferences among residents in a test market prior to an advertising campaign for a new cola product.

  Percent confidence interval for the true mean

Construct a 95 percent confidence interval for the true mean.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd