Probability using central limit theorem

Assignment Help Basic Statistics
Reference no: EM1311733

The Internal Revenue Service's uses a letter-opening machine to remove checks from envelopes. This machine has a probability p = 0.03 of failure for any envelope. On a certain day, n = 500, envelopes are independently handled by the machine. Let Y be the number of envelopes for which the machine fails to remove a check. Using the Central Limit Theorem to approximate P{Y≤10}.

Reference no: EM1311733

Questions Cloud

Produce the components of the system : Elucidate Illustrate what you can do, if the best technology was used to produce the components of the system.
What is the speed of the water leaving the nozzle : A 10 Newton effort force is required to lift a 10kg box just off the ground. What is the effort required to lift the box off the ground using a 3m long lever.
Determine traditional cost accounting : Problems encountered because of traditional cost Accounting and how did traditional cost accounting concepts are practices contribute to the problems at the UniCo
Pricing elasticity and price strategy of demand : What is the hypothesized elasticity of demand for one product/service that is produced by the company (or a product/company you are familiar with)?
Probability using central limit theorem : Let Y be the number of envelopes for which the machine fails to remove a check. Using the Central Limit Theorem to approximate P{Y≤10}.
Accounting entries from the given information : Accounting entries from the given information - COLO COMPANY Sales Journal
Advantages of activity-based costing : What are three advantages of activity-based costing over traditional volume-based allocation methods and which of the following manufacturing costs are assigned to products
Economic advantage over those in the us : Opponents of NAFTA point out that pollution is largely a free good in Mexico also that being free to pollute gives industries in Mexico an economic advantage over those in the U.S. also Canada.
What is the distance of the dinosaur : The heat of vaporization of ethyl alcohol is about 200 cal/g. If 2.3 kg of it were allowed to vaporize in a refrigerator, how many grams of ice will be formed from 0°C water.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Repairers claim-standard deviation

You find that a random sample of five microwave ovens has a mean repair cost of $75 and a standard deviation of $12.50. At α = 0.01, do you have enough evidence to support the repairer's claim?

  Normal distribution-business problem

A normal distribution with a mean of 55 and a standard deviation of 6 is evaluated to solve a business problem.

  How many students took the exam

Basic Statistics problem

  Example on multiple linear regression model

This model is fit to the data using the method of least squares using statistical software, and the following parameter estimates and their standard errors are obtained.

  Null-alternative hypotheses

State the null and alternative hypotheses you would use to test whether the year-end bonuses paid by Jones & Ryan were different from the population mean.

  Linear regression equation

Develop a linear regression equation for the given data and forecast how much money Robert will win if he spends $30.

  Linear programming models

LINEAR PROGRAMMING MODELS

  Solve the equations using linear algebra

Solve the equations using linear algebra

  Grade point distribution

What is Peter's median grade point at graduation? What is the shape of the grade point distribution?

  Distribution of data

Part 1. What is the appropriate distribution for such data? Part 2. Is this lot anomalous?

  Probability that person will fall in book keeping category

One person's file is chosen at random. Find out probability that selected person will fall into following categories. Book keeping.

  Survey on internet regularly

According to a recent survey, 275 of 400 middle-aged Americans said they used the Internet regularly. 140 of 400 senior citizens said they used the Internet regularly.

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