subject
Business, 30.10.2020 05:30 warnene17

When a new machine is functioning properly, only 3% of the items produced are defective. Assume that we will randomly select two parts produced on the machine and that we are interested in number of defective parts found. a. Describe the conditions under which this situation would be a binomial experiment.

b. Draw the tree diagram to show this problem as a two-trial experiment.

c. How many experimental outcomes result in exactly one defect being found?

d. Compute the probabilities associated with finding no defects, exactly one defect and two defects.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 10:00
You are president of a large corporation. at a typical monthly meeting, each of your vice presidents gives standard area reports. in the past, these reports have been good, and the vps seem satisfied about their work. based on situational approach to leadership, which leadership style should you exhibit at the next meeting?
Answers: 2
question
Business, 22.06.2019 12:30
howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?
Answers: 1
question
Business, 22.06.2019 12:30
land, a building and equipment are acquired for a lump sum of $ 1,000,000. the market values of the land, building and equipment are $ 300,000, $ 800,000 and $ 300,000, respectively. what is the cost assigned to the equipment? (do not round any intermediary calculations, and round your final answer to the nearest dollar.)
Answers: 1
question
Business, 22.06.2019 20:20
Trade will take place: a. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer is willing and able to accept for a good. b. if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good. c. only if the maximum that a consumer is willing and able to pay is equal to the minimum price the producer is willing and able to accept for a good. d. none of the above.
Answers: 3
You know the right answer?
When a new machine is functioning properly, only 3% of the items produced are defective. Assume that...
Questions
question
Advanced Placement (AP), 07.12.2020 21:40
question
Mathematics, 07.12.2020 21:40
Questions on the website: 13722363