**Question: **In bottle production, bubbles that appear in the glass are considered defects. Any bottle that has more than two bubbles is classified as "nonconforming" and is sent to recycling. Suppose that a particular production line produces bottles with bubbles at a rate of 1.1 bubbles per bottle. Bubbles occur independently of one another.

a. What is the probability that a randomly chosen bottle is nonconforming?

b. Bottles are packed in cases of 12. An inspector chooses one bottle from each case and examines it for defects. If it is nonconforming, she inspects the entire case, replacing nonconforming bottles with good ones. This process is called rectification. If the chosen bottle conforms (has two or fewer bubbles), then she passes the case. In total, 20 cases are produced. What is the probability that at least 18 of them pass?

c. What is the expected number of nonconforming bottles in the 20 cases after they have been inspected and rectified using the scheme described in part b?

What is the probability that the interviewer can stop : If the interviewer selects 20 people randomly, what is the probability that more than 15 of them will favor building the park? |

What is the standard deviation of the stock returns : What is the standard deviation of the stock’s returns? What was the stock’s return for the missing year? |

What are the two different strains of surrealism : What are the two different strains of surrealism and how do their ideologies differ? Why do you suppose so many Dada artists embraced the surrealist philosophy? |

Calculate the duration of the liability : Calculate the duration of the liability. What is the duration of the bond? What is the duration of the perpetuity? |

Find probability of randomly chosen bottle is nonconforming : In bottle production, bubbles that appear in the glass are considered defects. Any bottle that has more than two bubbles is classified as "nonconforming". |

What is the poisson distribution : In our discussion of the Poisson distribution, we used this distribution to represent the distribution of positive responses (Definitely Purchase). |

What are the strengths and weaknesses of the measurement : What are the strengths and weaknesses of the measurement? What has been going on with GDP lately? How have the individual sectors been performing? |

Discuss the application of bayes theorem : You are the mechanical engineer in charge of maintaining the machines in a factory. The plant manager has asked you to evaluate a proposal to replace. |

How might career change and further education affect budget : How might a career change (perhaps into the field you researched for the discussion forum) and further education affect your budget? |

## Unlevered beta of a company measureWhat does the unlevered beta of a company measure and what is the formula to calculate? |

## What is the present equivalent of a uniform seriesA man deposited $10,000 in a savings account when his son was born. The nominal interest rate was 8% per year, compounded continuously. |

## Find the amount sold to each group of consumersWith price measured in £ per thousand units and X being measured in thousands of units per week, consider a monopolist producing X at a constant long-run. |

## Find the equivalent lump-sum amount at eoy nineIf a nominal interest rate of 8% is compounded continuously, determine the unknown quantity in each of the following situations. |

## What is internal rate of return on incremental investmentAre you thinking of bypassing a gasoline fueled car in favor of a hybrid (gasoline and electric) automobile? Let's take a look at the relative economics. |

## Find the value of the unknown quantity zFind the value of the unknown quantity Z in the following diagram, such that the equivalent cash outflow equals the equivalent cash inflows when r = 20%. |

## Plot the points on linear graph paperAn insurance company is initerested in the relationship between the number of licensed vehicles in a state and the number of accidents per year in that state. |

## Type of taxes and rates in spokane waDescribe the different type of taxes and their rates in Spokane WA. |

## Find out what the intercepts of its budget lineA firm has a budget of £800 per week to spend on the two inputs K and L. One week it is observed to buy 120 units of L and 25 of K. Another week it is observed. |

## Purchasing additional labor and machine timeAn extra hour of machine time costs $100, and an extra hour of labor costs $50. If the company has $100 to invest in purchasing additional labor and machine time, would it be better off buying I hour of machine time or 2 hours of labor? |

## Possible subcontractor-project assignmentsDraw a network to represent the possible subcontractor-project assignments. Develop a linear model which would be used to minimize total mileage costs. |

## Example of a firm where the pm dispensedThe chapter includes an example of a firm where the PM dispensed with all the planning formality because no one ever looked at it anyway. What did the PM think the purpose of such planning was in this firm? What should the firm do in the future .. |

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