Compute mean and standard deviation of probability

Assignment Help Basic Statistics
Reference no: EM13123708

Industry standards suggest that 13 percent of new vehicles require warranty service within the first year. Jones Nissan in Sumter, South Carolina, sold 9 Nissans yesterday.

a. What is the probability that none of these vehicles requires warranty service?

b. What is the probability exactly one of these vehicles requires warranty service?

c. Determine the probability that exactly two of these vehicles require warranty service.

d. Compute the mean and standard deviation of this probability distribution.

Reference no: EM13123708

Questions Cloud

How many grams of carbon are required : how many grams of carbon are required to react with 1.5x10^25 atoms of hydrogen to form CH4
Find lifetimes of batteries are relatively consistent : Camera batteries has a standard deviation of 2.1 months. Assume the variance is normally distributed. Do you fell that the lifetimes of the batteries are relatively consistent?
What is the minimum mass of nahco3 that must be added : If 22 mL of 5.8 M H_2SO_4 was spilled, what is the minimum mass of NaHCO_3 that must be added to the spill to neutralize the acid.
Prepare the appropriate journal entries for 2013 transaction : Grossman Products began operations in 2013. The following selected transactions occurred from September 2013 through March 2014. Grossman's fiscal year ends on December 31.
Compute mean and standard deviation of probability : Industry standards suggest that 13 percent of new vehicles require warranty service within the first year. Compute the mean and standard deviation of this probability distribution.
Presentation about mei yaochen''s philosophy of life : Write a one page presentation talking about Mei Yaochen's philosophy of life and impact on society based on the Art of War book by Sun Tzu
Find out the net present value for each machine : Find out the net present value for each machine and decide which machine should be purchased if the required rate of return is 10 percent. Ignore taxes
Calculate sampling interval and sample size : The auditors wish to test the valuation of accounts receivable in the audit of Seaside Enterprises. The client has $5,000,000 of total recorded receivables, composed of 2500 accounts.
Illustrate what is the break-even point in units if variable : If fixed costs are $561,000 and the unit contribution margin is $8.00, illustrate what is the break-even point in units if variable costs are decreased by $.50 a unit?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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