Probability that at least one of the cd is defective

Assignment Help Basic Statistics

Reference no: EM1315447

Q1) Production Company creates DVD's by thousands. Though, sometimes there are minor defects in DVD's which make them "faulty" by industry standards. For one company, they evaluate that 3% of their DVD's are defective, and should be exchanged/returned for refund by customer. Best Buy buys DVD's from this company, which is where you usually shop. Assume you buy 20 DVD's.

a) Determine the probability that exactly one of the CD's is defective?

b) Find out the probability that at least one of the CD's is defective?

c) Determine probability all of the CD's are in good condition (not defective)?

Q2) A particular population is evaluated to be made up of 26% college graduates (regardless of degree). If we arbitrarily choose 100 people from this population, determine the probability that our sample contains at least 30 college graduates?

Reference no: EM1315447

Questions Cloud

Computing risk-free rate and the expected return using capm : Computing risk-free rate and the expected return using CAPM and Define a linear regression model consisdent with CAPM in the following way

Rival or public goods : Explain all your answers below clearly, including brief definitions of each term.

Hypothesis testing and confidence interval of two proportion : Establish a 99% Confidence interval about the difference in the proportion of the town voters and county voters who favor the proposal.

Us company choose to export a product to india : Why would a US company choose to export a product to India rather than license India the right to produce the product locally

Probability that at least one of the cd is defective : Find out the probability that at least one of the CD's is defective?

Average marginal and average variable cost curves : How would each of the following affect the firm's marginal, average, and average variable cost curves?

Llustrate what combination will maximize utility : If due to over-harvesting of coconuts they become more difficult to acquire, taking 2 hours to pick one coconut, Illustrate what combination will maximize utility.

Computing their statistical significance of stocks : Computing their statistical significance of stocks and Report the ticker symbol for your stock or fund

Table with given information of output and cost : Consider a firm that has just built a plant, which cost $20,000. Each worker costs $5.00 per hour. Based on this information, fill in the table below:

User Account

All Pages