What is the probability that a major defect is detected, Basic Statistics

Assignment Help:

Back to the workshop the previous problem but assuming that in each of the three stages of development, there is a certain probability that a major defect is detected. When such a defect is detected, the other stages of the check-up are not made and the unit is sent to another workshop. Assume that these probabilities are equal to 0.1, 0.2 and 0.3, respectively.

(A) Build a model ofabsorbing Markov chain representing successive stages of the check-up of such a device. Clearly indicate the matrices Q and R of probabilities transition to the transient and absorbing states, respectively.

(B) On average, how many days does it take to complete the check-up or to see a major defect?

(C) What is the probability that a major defect is detected?

(D) On average, how many technicians are serving in the workshop every day business?


Related Discussions:- What is the probability that a major defect is detected

Isotopes, Isotopes Elements having same atomic number Z, but different A ...

Isotopes Elements having same atomic number Z, but different A mass number for example 126C, 146C and 11H 21H, 31H are isotopes of carbon and hydrogen.

Calculate npv and irr of the project, PolyCorp is considering an investment...

PolyCorp is considering an investment in new plant of $3 million.  The project will be financed with a loan of $2,000,000 which will be repaid over the next five years in equal ann

Sum, 3. In a management class of 100 students’ three languages are offered ...

3. In a management class of 100 students’ three languages are offered as an additional subject viz. Hindi, English and Kannada. There are 28 students taking Hindi, 26 taking Hindi

Long term credit decision, Long Term Credit Decision In no more than o...

Long Term Credit Decision In no more than one typed page, provide a statement of your decision to lend or not lend to this company based on your interpretation of the company'

The owner of the finer diner submitted a proposal, The owner of the Finer D...

The owner of the Finer Diner submitted a proposal to you in hopes of selling the business to you. His asking price is $250,000. Your financial institution advises that your month

Reply plz, order tomatoes in crates of 25 kg and he is able to stock a maxi...

order tomatoes in crates of 25 kg and he is able to stock a maximum of four crates or 100 kg of tomatoes. His experience taught him that the daily demand ranges from 0 to100 kg of

Estimate the cost of producing, Consider the manufacturing system presented...

Consider the manufacturing system presented in the article by Yu and Bricker (1993). The management would like to purchase new machine tools more reliable and more high accuracy

Write Your Message!

Captcha
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