Determining mean of probability distribution

Reference no: EM1319108

Q1) A large shipment of TV sets is accepted upon delivery if the inspection of 12 randomly selected TV sets yields no more than one defective TV.

a) Determine the probability that this shipment is accepted if 5% of the total shipment is defective.

b) Determine the probability that this shipment is not accepted if 10% of this shipment is Determine

c) Determine the value of z such that 45% of the distribution lies between it and the mean

d) Determine the mean and standard deviation of following probability distribution

x	1	2	3
P(x)	0.4	0.15	0.35

Q2) In testing new drug, researchers found that 5% of all patients using it will have mild side effect. Random sample of 15 patients using drug is selected. Determine the probability that:

a) Exactly three will have this mild side effect

b) At least two will have this mild side effect.

Reference no: EM1319108

Questions Cloud

To find value of sample proportion : A sample of 19 albino Hungarian banded aardvarks was examined for nose length. Since this is a small sample, how various degrees of freedom will be used to find the t-score.

Experimental manipulation : Explain what experimental manipulation is. For instance, a business researcher is hired by a specialty retail firm, who is trying to decide what level of lighting and what temperature it should maintain in its stores to maximize sales.

Compute the price elasticity of demand for paint : Compute the price elasticity of Demand for paint also Elucidate how your calculations. Decide whether the Demand for paint is elastic, unitary elastic or inelastic.

Design strategies for project steering : Suppose that an analysis team did not generate alternative design strategies for consideration by a project steering committee or client. What might the consequences be of having only one design strategy?

Determining mean of probability distribution : Determine the mean and standard deviation of following probability distribution.

Estimate an average amount of sick leave per employee : A certain firm specializing in the manufacture and sale of free time clothing has 80 retail stores in Florida and 140 in California. With each state as a stratum, the firm wishes to estimate average sick-leave time per employee for the past year

Solve for the unknown variable : Solve for the unknown variable

Probability in case of a randomly selected sample : Determine the probability that a randomly selected sample of 31 patients would produce an average diameter of 6.6 mm or less for the non affected tendon?

What the equilibrium interest rates for the federal funds : Elucidate what the equilibrium interest rates for the federal funds rate the government bond rate also the private bond rate are also Illustrate what the equilibrium level of income is.

User Account

All Pages