How many of the components must be in stock

Assignment Help Basic Statistics
Reference no: EM13902127

A certain component is critical to the operation of an electrical system and must be replaced immediately upon failure. If the mean lifetime of this type of component is 100 hours and its standard deviation is 30 hours, how many of the components must be in stock so that the probability that the system is in continual operation for the next 2000 hours is at least .95?

Reference no: EM13902127

Questions Cloud

What is probability there will be at least two earthquakes : Earthquakes occur in a given region in accordance with a Poisson process with rate 5 per year. What is the probability there will be at least two earthquakes in the first half of 2015?
There have been many reports and news stories lately : There have been many reports and news stories lately debating the introduction of UAVs into the National Air Space System. Research a few of those stories and tell the class if you feel that the FAA should allow UAVs to fly "unrestricted" now or if t..
Show the financial statement effects on june : Show the financial statement effects on June 30, 2011, of recording the change in the present value of the purchase commitment and the forward foreign exchange con- tract for the passage of time.
A combination of airport authorities : Ground handling activities are carried out by a combination of airport authorities, airlines themselves, and sometimes special handling agencies. If an aircraft is delayed the financial effects almost entirely fall on the airline. Think about the fol..
How many of the components must be in stock : A certain component is critical to the operation of an electrical system and must be replaced immediately upon failure. If the mean lifetime of this type of component is 100 hours and its standard deviation is 30 hours, how many of the components ..
Compute the december pbo and fmv of pension assets : Compute the December 31, 2010 PBO and FMV of pension assets. Compute 2010 pension expense. Use the financial statements effects template to show the effects on the 2010 financial statements.
Adequate for current passenger and freight needs : A. The future of airport development. With terrorist-driven declines in air traffic will there be a need for new airports? Are existing airports adequate for current passenger and freight needs?
What is probability that none of them would have belonged : In 1995 the percentage of the labor force that belonged to a union was 14.9. If five workers had been randomly chosen in that year, what is the probability that none of them would have belonged to a union?
Show calculated and critical values of the test statistic : Perform the Test; H0: µ ≥ 22 versus HA: µ

Reviews

Write a Review

Basic Statistics Questions & Answers

  Power-drink dispensing machine and probability

A well-established power-drink dispensing machine is programmed to dispense an average of 2.02 liters into a container labled"2 liters". Actual quantities are known to be normally distributed with a standard deviation of 0.015 liters. What is the ..

  Relationship between the two averages

Calculate the average of deposits per bank for FDIC- inured institutions during both time periods and describe the relationship between the two averages. Provide a reason for the difference.

  Determine how comfortable the shopper was in a store

the study obtained a measure to determine how comfortable the shopper was in a store. Higher scores indicated greater comfort. Suppose the following data were collected. Use a = .05 to test for differences among comfort levels for three types of b..

  Conclude the sample size

Of the adults in Jefferson County, 10% have had CPR training

  If you collect data at any one restaurant the correlation

at most restaurants the more food you order the more money you have to pay. this is true whether you go to an

  Suppose that the company conducting the survey wants to see

in order to increase revenue many video game publishers sell downloadable content dlc separately from the main game.

  The revenue in thousands of dollars from producing x units

the revenue in thousands of dollars from producing x units of an item is modeled by rx 10x - 0.001x2. find the average

  What is the probability

Given a normally distributed population, a sampling distribution is summarized by mean=50, n=100 and standard deviation=15. what is the probability that a simple random sample will reveal a sample mean

  Read the hamilton county judges case study and please

hamilton county judgesread the hamilton county judges case study and please provide a managerial report that includes

  The central limit theorem says that when a simple sample of

the central limit theorem says that when a simple sample of size n is drawn from any population with mean ? and

  Without regard to order in how many way can you select four

without regard to order in how many way can you select four individuals from a group of seven? please show

  Determine the income which separates top from lower

Normally distributed with the mean income of $30,000 and standard deviation of $3,000. Determine the income which separates top 25% from lower 75% of incomes?

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