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Application of the Binomial Distribution to an AircraftSuppose you are flying a four-engine aircraft on a 10-hour transoceanic flight. Assume that it has been established that the probability of an engine of the type you have on your aircraft failing during a 10-hour flight is 0.008. Determine the probability of all four engines failing during the flight.
A student decided that this is a binomial distribution problem. Remember that the four characteristics of a binomial distribution are:
Fixed number of trialsTwo possible outcomesFixed probability of successIndependence of eventsEvaluate the problem in terms of the four characteristics and explain whether you think it does or does not fit the characteristics of a binomial distribution. If not, which characteristics do not hold? Note that in determining whether or not a problem is â??binomialâ? or not, you must evaluate it against the four characteristics listed above.
The student found that the probability of all four engines failing is 4.1E-09. Is that answer correct?
A recipe uses two eggs, three cups of flour & some other ingredients. The recipe makes enough batter for 6 servings. How many cups of flour will be needed to make enough batter for ten servings?
Explain how you would conduct the survey. What are the ethical implications if the manufacturer of Brand A toothpaste asked you to survey only its employees?
Find the p-value for each of the following hypothesis testing situations.
The mean tuition cost at university though the United State is 4260 per year. Use this value as the population mean and assume that population standard deviation is USD 900. Assume that random sample of so university will be selected. What is the pro..
A corporation is considering a new issue of convertible bonds. Management believes that the offer terms will be found attractive by 20% of all its current stockholders. Suppose that this belief is correct. A random sample of 144 current stockholde..
Find the three qualitatively different regimes of growth from the given data - formulation to distinguish and describe three qualitatively different regimes of growth
State the null and alternative hypotheses
Law of sines.
Find the Taylor's formula for estimation of cosine function
Calculate the mean of the distribution of sample means and the population mean.
Predict the sales price for 30 year old customer, who has a $40000 income and a 7 year old car.
Plot a histogram of the variable age. Include an appropriate title to your histogram. Explain the plot.
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