Sketch graph of the probabilities of te lot acceptance

Reference no: EM13123865

A large lot of computer chips (2000 chips) is tested to determine if the lot is acceptable. The testing procedure is the following. A sample of 50 chips is randomly selected from the lot. If the number of defective chips in the sample is less than 5, then the lot is accepted. Otherwise, it is rejected. a) For different values of p, the defective rate of the lot, compute the probability that the lot is accepted. Let p vary from 0.02 to 0.20 in increments of 0.02. b) Sketch the graph of the probabilities of the lot acceptance as the p value varies from 0.02 to 0.20.

Reference no: EM13123865

Questions Cloud

Determining cubic graph : George has decided that a distribution of data is cubic, that is it has the general form of a function "f(x)=x^3" if the point on the curve that should be at (0,0) is found at (-3,7) and the point.

Common game in your classroom : What language point would you practise?How would you play the game?What would be the level of your students?What would be the age of your students?

Illustrate what amount did zell contribute to the business : Jell and Dell were partners with capital balances of $600 and $800 and an income sharing ratio of 2:3. They admitted Zell to a 30% interest in the partnership, and the total amount of goodwill credited to the original partners was $700. Illustrate..

Write a letter to david in which you advise him : Write a letter to David in which you advise him on the deductibility of the $60,000 loss for Federal income tax purposes. Because David is a professional, feel free to make use of technical language in your letter.

Sketch graph of the probabilities of te lot acceptance : Let p vary from 0.02 to 0.20 in increments of 0.02. b) Sketch the graph of the probabilities of the lot acceptance as the p value varies from 0.02 to 0.20.

Give a memo to susan apple a tax partner : An IRS agent thinks that Color, as an accrual basis taxpayer, should report $1,000 of income in 2011, when the work was done, and then deduct a $200 loss in 2012. Give a memo to Susan Apple, a tax partner for whom you are working, with the recomme..

What was the balance in the cash account : On October 31, a company's Cash account had a normal balance of $7,000. During October, the account was debited for a total of $4,250 and credited for a total of $5,340. What was the balance in the Cash account at the beginning of October?

Mean and standard deviation of simulated distribution : Run a Monte Carlo simulation 1000 trials for the following distribution. Determine the mean and standard deviation of the simulated distribution.

Demand and supply curve for clay fire : Redstone's manager is fired, and you are now the manager of Redstone Clayworks. How many fire pits would you choose to produce and why?

User Account

All Pages