Calculate the probability that exactly 4 of the jobs

Assignment Help Applied Statistics
Reference no: EM13737731

A large disaster cleaning company estimates that 30% of the jobs it bids on are finished within the bid time. Looking at a random sample of 8 jobs that it has contracted: calculate the mean number of jobs completed within the bid time. Find the probability that x (number of jobs finished on time) is within one standard deviation of the mean. Calculate the probability that exactly 4 of the jobs were not completed within the bid time. 

Reference no: EM13737731

Questions Cloud

Explain each sampling technique : Explain each sampling technique discussed in the "Visual Learner: Statistics" in your own words, and give examples of when each technique would be appropriate.
What was ingvar kamprads role in the development in ikea : What was Ingvar Kamprad's role in the development in IKEA and What were the sources of IKEA's successful entry in furniture retail business in Sweden
Established a record in a major midwestern city : The post office has established a record in a major Midwestern city for delivering 90% of its local mail the next working day. If you mail the eight local letters, what is the probability that all of them will be delivered the next day? Of the eight,..
Explain the spanish and the british conquest of the americas : contrast three major differences between the spanish and the british conquest of the americas, in requards to their relationship with the native populations. how does this history iact latino identity?
Calculate the probability that exactly 4 of the jobs : A large disaster cleaning company estimates that 30% of the jobs it bids on are finished within the bid time. Looking at a random sample of 8 jobs that it has contracted: calculate the mean number of jobs completed within the bid time. Find the proba..
Create timeline that identifies current civil rights events : Create a timeline that identifies historic and current civil rights events.You can use Timeline Builder, Microsoft® Word, or Microsoft PowerPoint to create your timeline.
Describe vejas global strategy : Describe Veja's global strategy. Integrate vision, branding, consumer demand, competition, value chain, supply chain, and distribution channels into your description. Provide specific examples and facts, documented with page numbers from the case
Prevailing philosophical perspectives : Write a 1,000- to 1,250-word paper in which you research and identify three prevailing philosophical perspectives at work during the 20th century.
Research a cultural issue that affects organization : Identify and research a cultural issue that affects this organization's interactions outside the United States.  Define the issue and provide an overview of how became an issue in the organization.

Reviews

Write a Review

Applied Statistics Questions & Answers

  Describes the impact of simultaneous changes in objective

"Range of optimality" describes the impact of simultaneous changes in objective function values and right-hand-side values.

  Determine the bounds on the p-value

Determine the bounds on the p-value that would be used in testing each of the following null hypotheses using the p-value approach.

  Which of the following is not a point estimate

Which of the following is NOT a point estimate?

  What is the distribution of the statistic x

1.if your data is a random sample of size n from the distribution N(4, 7), then what is the distribution of the statistic X(not Z or T)? Z?T?

  Which of these strategies is better for the professors

Which of these strategies is better for the professors

  How many different items can be uniquely numbered

What is the name of the counting rule used to find all the possible outcomes and how many different items can be uniquely numbered?

  Do a literature review on the use of poisson

Do a literature review on the use of Poisson

  What is the probability

Find the probability of given case.

  Collected on hourly workers and salaried workers preference

For a particular company, data was collected on hourly workers and salaried workers preference for two difference pension plans: Plan 1 (p1) and Plan 2 (p2). Using the table below, what is the probability employees prefer Plan 1?

  Finding the probability

If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than the mean for that year? Hint: You do not want to calculate the mean to answer this one. The probability wou..

  Gerald black of blackfly airline has an exclusive contract

Gerald Black of BlackFly Airline has an exclusive contract to run flights of a four-passenger aircraft to a remote mining center. His contract requires him to fly if there are any passengers wanting to make the trip. His fixed costs per day ar..

  What is the mean number of ducks

What is the mean number of ducks that are killed and what is the expected number of hunters who hit the duck they aim at?

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