Probablity that first claim under warranty is tenth car sold

Assignment Help Basic Statistics
Reference no: EM13148888

An automobile manufacturer gives a 5-year/60,000 mile warranty on its drive train. Historically 7% of this manufacturer's automobiles have required service under the warranty. consider a new dealer. what is the probablity that the first claim under this warranty is the tenth car sold?

Reference no: EM13148888

Questions Cloud

What is your ending inventory : Your sales are $63,000.00 and your stock is reduced by $27,000.00 worth of markdowns. Your receipts are $75,000.00. What is your ending inventory?
At what celsius temperature will gas exert a pressure : A gas confined in a 519.1-mL container exerts a pressure of 107 mm Hg at 38.6 degrees Celsius. At what Celsius temperature will it exert a pressure of 635.7 mm Hg if it is placed into a 644 mL container?
Find logic behind using sum of products of deviation scores : What is the logic behind using the sum of the products of deviation scores as the numerator of the formula for the correlation coefficient? Is this logic sound?
Consider the formation of n-butyl alcohol and nabr : Consider the formation of n-butyl alcohol and NaBr in the presence of H2SO4. If you start with 1.31g of n-butyl alcohol and end up with 1.79g of n-butyl bromide
Probablity that first claim under warranty is tenth car sold : Rrequired service under the warranty. consider a new dealer. what is the probablity that the first claim under this warranty is the tenth car sold?
Operating leverage differ in manufacturing : How does operating leverage differ in manufacturing, service, merchandising, and e-commerce organizations?
What volume would it occupy at an altitude : A meteorological ballon contains 250.0L He at 22 degrees celsius and 740.0mm Hg. If the volume of the ballon can vary according to external conditions
Determining patent amortization : Rocky Corporation has made a commitment to purchase the patent from Granite for $200,000 at the end of five years. Compute Granite's patent amortization for 2009, assuming the straight-line method is used.
Find probability customers did not order pastry with drink : If 20 customers were selected at random during one business day, what is the probability that at least 11 of them did not order a pastry with their drink.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Question on statistics-null hypothesis

Ford Taurus travels 21 mi. while consuming exactly 1 gallon of gas. You developed a modification to the engine you believe increases the distance. If you want to justify your claim of increased mileage by using a hypothesis test

  Probability of factors result in rejecting null hypothesis

A researcher uses hypothesis test to estimate H0 µ= 80. Which combination of factors is most probable to result in rejecting null hypothesis?

  Conduct and interpret test to determine difference

Conduct and interpret a test to determine whether or not there is any difference in the final destination of each model of automobile. Interpret your findings.

  Type of sampling method

USA Today conducted a survey asking readers, "What is the most hilarious thing that has ever happened to you en route to or during a business trip?" a. What kind of sampling method is this?

  Describe confidence interval and sample size calculation

Basic concepts. For each of the following, answer the question and give a short explanation of your reasoning.

  How is regression analysis used in forecasting

How is regression analysis used in forecasting? Provide examples. How may it be used to formulate strategies?

  Define confidence interval estimation

Calculate a 95% confidence interval for the population mean, based on the sample 10, 12, 13, 14, 15, 16, and 49.  Change the number from 49 to 16 and recalculate the confidence interval.  Using results, explain the effect of an outlier or extreme ..

  Determine population mean value

What is the population mean? What is the best estimate of that value?

  Probability of getting sample proportion at least big value

Assuming for a moment that 35% of all Ralph's customers have a discount card, what is the probability of getting a sample proportion at least this big?

  Probabilty that airline not have seats for all ticket holder

Suppose that for a particular flight involving a jumbo-jet with 265 seats, the airline sells 278 tickets. What is the probability that the airline will not have enough seats for all the ticket holders who show for the flight?

  Binomial probability-telephone booth

Assume the probability that a telephone in any given telephone booth is defective is 0.2. Determine the probability that if 8 phone booths are examined, the number of defective phones is exactly 3.

  Observations producing a sample proportion

A random sample of 400 observations produced a sample proportion of 0.32. What is the standard error to construct a 99.5% confidence interval.

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