Probability at least one is english standard engine

Assignment Help Basic Statistics
Reference no: EM13145389

A sample of 3 is taken from a population of 12 engines. 5 of which are built to metric standards and 7 of which are built to english standards.what is the probability that out of 3 taken,at least one is english standard engine?

 

Reference no: EM13145389

Questions Cloud

Determine the concentration of your overnight culture : Assume that you measure the OD of an overnight E.coli culture. The spectrophotometer gives you a reading of 2.8. What would you do to determine the concentration of your overnight culture and why? Give a detailed explanation!
Controllable and uncontrollable aspects of revenue and costs : Distinguish between controllable and uncontrollable aspects of revenue and costs. Can a manager tototally control all revenue and costs? why or why not? Describe some of the drawbacks of using budgets as a control device
Total warranty liability and journalizing : Determine the year's total warranty liability and journalize any necessary value to establish the year's liability at December 31st.
Sample accounting journal entries for step of lay-a-way plan : Prepare sample accounting journal entries for each step of the lay-a-way plan. Add any accounts to the company's chart of account that are needed. State if the added account(s) are assets, liabilities, revenue, expense, ect.
Probability at least one is english standard engine : A sample of 3 is taken from a population of 12 engines. what is the probability that out of 3 taken, at least one is english standard engine?
Auditor at local firm when composing the letter : Draft a letter to Apollo Shoes that addresses the following key points; assume the role of an auditor at a local firm when composing the letter.
Adjusting journal entries for balance in allowance account : Prepare adjusting journal entries for the following and note the year-end balance in the allowance account. The allowance for uncollectible accounts has a $740 credit balance prior to adjustment.
Allowance for doubtful accounts credit balance : It is estimated that 4% of credit sales will be uncollectible. What adjusting entry will Manning Company make if the Allowance for Doubtful Accounts has a credit balance of $1,485 before adjustment?
Find the expected value of the collision policy holder : The insurance company charges an annual rate of $250 for the collision coverage. What is the expected value of the collision policy holder?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Observations from the normal distribution

Use RNG in Excel to generate n = 5 observations from the Normal distribution N(20, 5). Test H0: μ = 20 versus H0: μ ≠ 20 at the α = 0.05 level of significance. Repeat this process 100 times and then count the number of times that you reject H0.

  How data prove significant difference in mean scrap rates

Scrap rates per thousand (parts whose defects cannot be reworked) are compared for 5 randomly selected days at three plants. Does the data prove a significant difference in mean scrap rates?

  What is the expected value decision

Assume that you researched insurance industry statistics and found out that the probability of major accident is 0.06%, and that the probability of a fender bender is 0.15%. What is the expected value decision? Would you choose this? Why or why no..

  Upper limit of the range of normal values

which is a value often used for the upper limit of the range of normal values. What do the results suggest about the sample group?

  Theoretical background of one way analysis

This activity is a revision of an activity found in Real Data: A Statistics Workbook Based on Empirical Data by Z. C Holcomb (1997). Published by Pyrczak Publishing.

  Computing z test for two proportions

Medical tests were conducted to learn about drug-resistant tuberculosis. Of 142 cases tested in NJ, 9 were found to be drug-resistant. Of 268 cases tested in Tx, 5 were found to be drug-resistant.

  Determining business travel-normal distribution

The Travel Weekly International Air Transport Association survey asked business travelers regarding the purpose for their most recent business trip.

  Perform a regression analysis on the data

Observations are taken on net revenue from sales of Hughes, HNS, and satellite services to see if offering rebates is beneficial for the organization.

  Information about inferential statistics

The makers of a soft drink want to identify the average age of its consumers. A sample of 16 consumers is taken. The average age in the sample was 22.5 years with a standard deviation of 5 years.

  Finding the probability value using tree diagram

Draw a tree diagram representing the data. What is the probability that a vehicle stolen in this city will never be recovered?

  Analyzing the number of chocolate chips per cookie

The manager wants to know the probability that any particular cookie will have fewer than 5. What type of probability distribution will most likely be used to analyze the number of chocolate chips per cookie?

  Find the probability that class has average midterm mark

The marks on a statistics midterm test are normally distributed with a mean of 78 and a standard deviation of 6. What is the probability that a class of 50 has an average midterm mark that is more than 75?

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