Chance that jewelry store gets two sets of platinum pairs

Assignment Help Basic Statistics
Reference no: EM13122041

A jewelry supplier has a supply of pairs of earrings of which 40% are platinum pairs. A jewelry store orders five sets of earrings from this supplier. If the supplier selects the pairs of earrings at random, what is the chance that the jewelry store gets exactly two sets of platinum pairs?

Reference no: EM13122041

Questions Cloud

Probability at least one of the drawn balls : Three balls are to be randomly selected with replacement from an urn containing 20 balls numbered 1 through 20. If we bet that at least one of the drawn balls
Information about operations with polynomials : Solve the following questions involving fundamental operations on polynomials: Solve the following problems involving applicatins of polynomials:
Present value-an important concept for management : Why do you think present value is an important concept for management to understand? Do you think it should be used for all financial statements items, why or why not?
Illustrate what form does an s corporation report its income : On illustrate what form does an S corporation report its income to the IRS? When is the tax return due? Illustrate what information does the S corporation provide to shareholders to allow them to complete their tax returns?
Chance that jewelry store gets two sets of platinum pairs : If the supplier selects the pairs of earrings at random, what is the chance that the jewelry store gets exactly two sets of platinum pairs?
How many degrees of freedom used to find chi-square test : You perform a dihybrid cross between two plants that have traits expressing a simple dominance relationship. Then, you self cross the F1 generation and analyze the progeny. How many degrees of freedom do you have for your chi-square test?
Illustrate what would be an employee net pay : Assuming a fica tax rate of 8% on the first 106,800 in wages, and a federal income tax rate of 20% on all wages, illustrate what would be an employee's net pay for the year if he earned 108,000?
Important concept for management-financial statements : Why do you think present value is an important concept for management to understand? Do you think it should be used for all financial statements items, why or why not?
Determining prime numbers and perfect square : Solve the following problems in essay form (1 to 2 paragraphs for each problem is fine). Please show all work and show how you came up with the answer.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability of observing event

An extended-life light bulb claims the bulb has an average life of 12,000 hours, with a standard deviation of 500 hours. If the distribution is bell shaped and symmetrical

  Calculate correlation coefficient for data

Calculate correlation coefficient for data below. Compute the equation for regression line if n=7, Ex=69, Ey=528 Exy=4754 and Ex^2=825

  Distribution of data population

There're several measures of central tendency. By far the most frequently utilized of these measures is mean of population. Remember that the source of the data that you want to analyze always comes from what is called a population.

  Find probability that exactly five jury members is women

The waiting room for jury selection has 40 women and 30 men to choose from. A jury of 12 is selected from these 70 people, what is the probability that exactly 5 of the jury members will be women?

  Standard deviation from stem and leaf display

If you had only one minute to estimate the standard deviation of a frequency distribution using only the information that can be obtained from a stem and leaf display, how would you do it and why?

  Significance of correlation-t test

An assumption for a significance test of the correlation coefficient is that the populations, the variance of each variable is the same at each point of the other variable.

  Hypothesis testing at significance level

At the .01 significance level, can the manufacturer conclude that the price reduction resulted in an increase in sales?

  Create frequency distribution for ages strokes due to stress

Medical research team studied the ages of patient who had strokes caused by stress. Ages of 34 patients who suffered stress strokes. Create frequency distribution for these ages.

  Introduction to two sample chi-square

Find a peer-reviewed article that provides an example of a study where the researchers utilized a one sample chi-square OR a two sample chi-square. Briefly describe the study and discuss its findings in your own words.

  Random variable having a lognormal distribution

The length of time for one individual to be served at a cafeteria is a random variable having a lognormal distribution with a mean of 10 minutes and standard deviation of 2 minutes.

  Data collection and analysis paper

Use the Internet or other resources to collect both primary and secondary data regarding the research issue, opportunity, or problem you selected for your Research Process Outline during Week Two.

  Types of graphs in math education

An important idea in data interpretation is choosing which graph to use under which circumstances. Describe the benefits of different graphs for different sets of data:

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