Area before the next defect occurs

Assignment Help Accounting Basics
Reference no: EM13975375

1. The number of defects in rolls of aluminum sheet average 3.5 defects per 100 feet. The company presi- dent is accompanying overseas visitors on a tour of the plant, and they have just arrived at the aluminum-sheet machine. If they remain at the machine long enough to observe 32 feet of aluminum being produced, what is the probability that they will have left the area before the next defect occurs?

2. The mileage death rate for motorcycle riders has been estimated to be about 39 deaths per 100 million miles of motorcycle travel. A national motorcycling association has 1200 members who travel a total of 2 million miles each year on their motorcycles. What is the probability that the next highway fatality experienced by the association will not occur until more than a year from now? Until more than 2 years from now?

Source: USAToday.com, July 30, 2006.

Reference no: EM13975375

Questions Cloud

Number of game minutes between ankle sprains : The trainer for a professional football team has found that, on the average, his team experiences 2.3 sprained ankles per 1000 game minutes. If a game lasts 60 minutes, and the number of game minutes between ankle sprains is exponentially distribu..
Probability that a randomly selected package : a. What is the probability that a randomly selected package of this cheese will actually contain at least 20.5 ounces? b. What is the probability that a randomly selected package of this cheese will actually contain between 20.5 and 21..
What is the most interesting thing you read in the article : 1. What is the most interesting thing you read in the article? 2. What are two ways brick-and-mortar commerce differ from e-commerce?
Discuss your experiences with quantitative analysis : Discuss your experiences with quantitative analysis. Are you one of those who have a distrust of quantitative analysis?
Area before the next defect occurs : The company presi- dent is accompanying overseas visitors on a tour of the plant, and they have just arrived at the aluminum-sheet machine. If they remain at the machine long enough to observe 32 feet of aluminum being produced, what is the prob..
How many degrees of freedom do you have : How many degrees of freedom do you have and show that the above expression for the phase-space is equivalent to the one written in terms of three-momentum integrals
Graders in unorganized activities : On the average, how many student-days elapse between injuries to fourth to sixth graders in unorganized activities at school, and what is the probability that the next such injury will occur before 45 thousand student-days have passed?
How do you control concurrency in the agile process : All modern programming languages implement the structured programming constructs, Provide examples from three programming languages that show structured programming constructs
Duration of the dinner event : Assuming that Hargrove students are typical in terms of susceptibility to allergies and that the college president's home happens to contain just about every common allergen to which afflicted persons react, what is the probability that at least 8..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Estimated costs of disposal

The total selling price is $420,000, and estimated costs of disposal are $15,000. At what amount should the inventory of 5,000 pounds be reported in the balance sheet?

  Problem regarding the data description

Scanning America, Inc., is a small but rapidly growing firm in the digitized document translation business. The company reads architectural and engineering drawings into a scanning device that translates graphic information into a digitalized form..

  Source of temporary cash is trade credit

An important source of temporary cash is trade credit, which does not actually bring in cash, but instead slows its outflow. Vendors often provide discounts for early payment. What is the formula to determine the effective interest rate if the dis..

  Journalize the transactions of grill corporation

Grill Corporation incurred the following transactions. Purchased raw materials on account $45,235. Raw Materials of $35,900 were requisitioned to the factory. An analysis of the mate- rials requisition slips indicated that $6,300 was classified as in..

  Using the step-down method what amount of maintenance

maintenance department costs of 320000 are allocated on the basis of budgeted maintenance-hours. personnel department

  Prepare a letter to your client that would be accepted by an

Prepare a letter to your client that would be accepted by an Australian accounting firm or business as ‘envelope-ready’, that is, ready to be sent to the client. This requires correct accounting information in an appropriate form of communication.

  Calculate bell income from demers

Assume the equity method is applied. Compute Bell's income from Demers for the year ended December 31, 2008.

  How would receipt of grants be reported on the statement

How would the receipt of the grants be reported on the statement of cash flows for the Water and Wastewater Enterprise Fund and the Cable Enterprise Fund, respectively?

  Verde company produces wheels for bicycles during the year

verde company produces wheels for bicycles. during the year 660000 wheels were produced. the actual labor used was

  Evaluating the risk of a model stock portfolio

Mary is evaluating the risk (return deviation) of a model stock portfolio she has constructed. She knows that an ex ante set of returns is a more useful approach. However, she decides to examine ex post returns because she knows that for a well-di..

  Adjusted trial balance for the blueboy cheese corporation

1.The December 31, 2013, adjusted trial balance for the Blueboy Cheese Corporation is presented below.

  A john deere tractor acquired on january 5 at a cost

a john deere tractor acquired on january 5 at a cost of44800 has an estimated useful life of 16 years. assumingthat it

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