What is the probability that at least 10 are defective

Assignment Help Finance Basics
Reference no: EM131410331

A machine makes a product, with 5% of units having faults. In a sample of 20 units, what is the probability that at least 1 is defective? In a sample of 200 units, what is the probability that at least 10 are defective?

Reference no: EM131410331

Questions Cloud

Speed of sound in the substance : A 566 Hz sound wave travels through a substance.The wavelength of the sound wave is measured to be 214 centimeters. What is the speed of sound in the substance in m/s?
What is the corporate tax rate in the countries : What is the corporate tax rate in the countries you are considering expanding your business to, and how will that affect your decision to expand globally?
Bullet temperature change in degrees celsius : A 48.7 gram silver bullet traveling at 912 mph strikes an armor plate and comes to a stop. If all its energy is converted to heat that is absorbed by the bullet, what is the bullet's temperature change in degrees Celsius?
How dubois was motivated to cultivate : "How Dubois was motivated to cultivate and transition his Ordination Against Injustice from the crusade of The Niagara Movement in 1905, architecting transitions into becoming a power player in the origination of the NAACP and other social service..
What is the probability that at least 10 are defective : A machine makes a product, with 5% of units having faults. In a sample of 20 units, what is the probability that at least 1 is defective? In a sample of 200 units, what is the probability that at least 10 are defective?
Describe diversion and probation and what they involve : Describe diversion and probation and what they involve; include how they are alike, and how they differ. Examine and briefly describe the original concept and evolution of each within the United States.Explain how diversion and probation have been us..
Assume ambient air temperature : A huge explosion is heard 117 kilometers away. How long does it take the sound to travel that far? (Assume ambient air temperature is 24 degrees C).  Record your answer to the nearest whole second. No decimal places in your answer.  Be careful of you..
Deal wih the pollution tax problem : Your boss believes the company's power plant is producing too much air pollution on a typical island. Your boss gives you three choices for dealing with this problem because he/she does not want to deal with it.
Why are scheduling problems so difficult : Choose a convenient service and collect data to show how actual arrival times compare with expected times. What can you say about these results?

Reviews

Write a Review

Finance Basics Questions & Answers

  Students will analyze and synthesize the financial reports

students will analyze and synthesize the financial reports of an organization of their choice and present their

  Exposure to interest rate risk

Exposure to Interest Rate Risk: - Is the cost of funds obtained by finance companies very sensitive to market interest rate movements? Explain.

  Which payment method would you prefer

There are two alternative ways of paying for your Jaguar. Keep the funds at your bank in the United States and buy £35,000 forward. Buy a certain pound amount spot today and invest the amount in the U.K. for three months so that the maturity value be..

  What are the ethical implications of these strategies

Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Evaluate the effectiveness of these strategies in the market structure you identified

  Understanding supply chain and how the consumer can play a

understanding supply chain and how the consumer can play a critical role in the supply chain is an important part of

  How much must the grandfather put into ed trust

how much must the grandfather put into Ed's trust today and each subsequent year to enable him to have the same retirement nest egg as Steve after the last payment is made on their 65th birthday?

  Compliance and ethics in risk management

During the past couple of decades there have been high profile cases of corporate scandals resulting in not only criminal prosecutions of senior executives within the guilty firm, but severe financial loss or even dissolution of the corporation.

  Venture capital valuation method

A venture capitalist wants to estimate the value of a new venture. The venture is not expected to produce net income or earnings until the end of Year 5 when the net income is estimated at $1,600,000. A publicly traded competitor or "comparable fi..

  What are same possible ways that corporate accountants might

Free cash how is often considered a more reliable measure of a company's income than reported earnings. What are same possible ways that corporate accountants might be able to change their earnings to portray a more favorable earnings statement?

  Compound interest

Old Time Savings Bank pays 4% interest on its savings accounts. If you deposit $1,000 in the bank and leave it there, how much interest will you earn in 1st year?

  What is the impact over the next two years on net interest

Assuming the bank does not change the composition of its balance sheet, calculate the net interest income for the bank before and after the interest rate changes. What is the resulting change in net interest income?

  Calculate megastructure degree of combined leverage

The Megastructure Airplane Company has the following modified income statement (RM 000) at 150,000 units of production.

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