Compute probability it will be defective

Reference no: EM13204359

A manufacturer makes 2 models of an item: model I which accounts for 80% unit sales, and model II which accounts for 20% of unit sales. Because of defects the manufacturer has to replace 10% of its model I and 18% of its model II. If a model is selected at random find probability it will be defective.

Reference no: EM13204359

Questions Cloud

Find fixed-interest mutual fund paying annual interest : quarter in a fixed-interest mutual fund paying annual interest of 7% compounded quarterly. How much will her account have in it at the end of 12 years

State take the same car to stop when traveling : If a car traveling 70 miles per hour can stop in 270 ft, how many feet will it take the same car to stop when traveling at 90 miles per hour?

Find conditional probability that the person has glaucoma : Determine the conditional probability that the person has glaucoma given thatX=x.

Evaluate the projected population at the beginning : Estimate the projected population at the beginning of the year 2010.

Compute probability it will be defective : Because of defects the manufacturer has to replace 10% of its model I and 18% of its model II. If a model is selected at random find probability it will be defective.

The ladder leans against a building that has a wall slanting : a ladder leans against a building that has a wall slanting away from the ladder at an angle of 96 degrees with the ground. if the bottom of the ladder is 23 feet from the base of the wall and it reaches a point 52 feet up the wall,

Find the price p in the cournot equilibrium : Find the price P in the Cournot equilibrium ( assume that ci ' s are such that all firms produce a positive amount and that the second order conditions are satisfied). If all firms have the same marginal cost ci=c, what is the price when n=1 and w..

Explain conditional probability and independence : for the remaining 30% you choose randomly among the 5 answers. What percent of the answers should you expect to get right?

What price and quantity should the owner choose : A concert is scheduled to perform at a theater with seating capacity 80. All tickets for this concert are to be sold in advance at a single uniform price per seat. Because too many empty seats can make the concert less enjoyable, the demand curve ..

User Account

All Pages