Probability that betty will make three or more sales

Assignment Help Basic Statistics
Reference no: EM131674021

Question: 1. A company has three task forces trying to meet a deadline for a new device. The groups work independently, with respective probabilities 0.8, 0.9, 0.75 of completing on time. What is the probability at least one group completes on time? (Think. Then solve "by hand.")

2. Two salesmen work differently. Roland spends more time with his customers than does Betty, hence tends to see fewer customers. On a given day Roland sees five customers and Betty sees six. The customers make decisions independently. If the probabilities for success on Roland's customers are 0:7; 0:8; 0:8; 0:6; 0:7 and for Betty's customers are 0:6; 0:5; 0:4; 0:6; 0:6; 0:4, what is the probability Roland makes more sales than Betty? What is the probability that Roland will make three or more sales? What is the probability that Betty will make three or more sales?

Reference no: EM131674021

Questions Cloud

Summarize each organization and its mission : In this paper, you will summarize each organization and its mission. Then you will compare and contrast their strengths and weaknesses.
How much to invest when a new player is coming on market : I would encourage them to continue campaigns to promote individual product lines but closely examine how much to invest when a new player is coming on market.
Find the minterm probabilities for the software survey : Show whether or not the class {A;B;C} is independent: (1) by hand calculation, and (2) by use of the m-function imintest.
What is the story of social mobility in your family : What is the story of social mobility in your family? To what extent have there been shifts both across and within generations?
Probability that betty will make three or more sales : If the probabilities for success on Roland's customers are 0:7; 0:8; 0:8; 0:6; 0:7 and for Betty's customers are 0:6; 0:5; 0:4; 0:6; 0:6; 0:4.
Indivudal probabilities of making an a on the exam : Two teams of students take a probability exam. The entire group performs individually and independently. Team 1 has five members and Team 2 has six members.
How many generations in your family are experiencing midlife : Read the blog post When Does Midlife Begin and End and answer the question How many generations in your family are experiencing midlife right now
Why do you think the benefits outweigh the costs : Why is it important? Who benefits from it? Who suffers, or pays the costs, from it? Why do you think the benefits outweigh the costs?
Analyze the data you have selected : Analyze the data you have selected to determine how to use them to make appropriate economic decisions for an organization.

Reviews

Write a Review

Basic Statistics Questions & Answers

  State the degrees of freedom for variance for men

Smoking and sex. Wan, Friedman, Boutros, and Crawford (2008) studied a possible link between smoking and certain personality traits by sex.

  Test that the respondents borrowing habits are independent

Test the hypothesis that the respondents' borrowing habits are independent from what they believe their parents' attitudes to be.

  Selling the same standardized product

In which of the following markets do all firms sell the same standardized product?

  Intent of the lobbying disclosure act of 1995

What was the intent of the Lobbying Disclosure Act of 1995?

  Probability that special warning will issued during a month

If the number of recalls in a given month is above more than one standard deviation from the mean, the federal government issues a special warning directed toward parents. What is the probability that a special warning will be issued during a give..

  Probability bounds on the number of people

For reservation purposes, the agency's management wants to ?nd the number of people such that the probability is 0.85 that at least that many people will sign up. It also needs 0.80 probability bounds on the number of people who will sign up for t..

  Z-score-critical values-hypothesis

Population blood pressure (BP) of patients is normally distributed, with a mean of 127, and standard deviation of 8. A random sample of 49 patients in the hospital found an average BP of 125.

  Construct-irrelevant variance

Fully define construct-irrelevant variance. Be sure to include the main type of validity it is related to as well its effects on test scores. Incorporate Messick (1995) from your readings into your answer.

  Find the evaluation score confidence intervals

Find the evaluation score confidence intervals for the following two departments: Department 1 and Department 4 combined. Find the confidence interval at the 95% level. Use s = 6.06 and the mean 17.625.

  The mean annual income of certified welders is normally

the mean annual income of certified welders is normally distributed with a mean of 50000 and a population standard

  Compute coefficient of variation for each random variable

Recalling that the coefficient of variation is determined by the ratio of the standard deviation over the mean, compute the coefficient of variation.

  Question related to mean shopping time at local supermarket

Using the 0.10 level of significance, is there evidence that the mean shopping time at the local supermarket is greater than the claimed value of 22 minutes?

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