What is probability that the vendor will get the contract

Assignment Help Basic Statistics
Reference no: EM131405062

A lighting vendor has described its incandescent bulbs as having normally distributed lifetimes with a mean of 2000 hours and a standard deviation of 100 hours. The vendor is faced with an especially demanding industrial customer who insists on conducting a longevity test before committing to a very large order.

The customer's purchasing department plans to test a simple random sample of 16 bulbs and to place the large order only if the sample mean is at least 2050 hours.

Given the longevity of the vendor's bulbs and the test the potential customer will be carrying out, what is the probability that the vendor will get the contract?

Reference no: EM131405062

Questions Cloud

Discuss two non-traumatic causes of bleeding : Blood, like all fluids is impacted by cohesive forces and disruptive forces. Discuss the (6) basic mechanisms of fluid blood. Why is it important to to understand these mechanisms? Discuss at least two non-traumatic causes of bleeding.
What would be the probability of a simple random sample : If this university's overall pass rate for the Maryland bar exam were really 75%, what would be the probability of a simple random sample of 400 having a pass rate of 60% or less? Based on this probability, comment on the dean's explanation.
Determine the upper control limit : Twenty samples of subgroup size 3 (n = 2) were collected for a variable measurement. Determine the upper control limit (UCL) for an R-chart if the mean of the sample ranges equals 6.4.
Summarize developments in states enacting voter id laws : In your initial post, summarize recent developments in several states enacting voter ID laws. Analyze and describe the pros and cons on both sides of the debate about these laws.
What is probability that the vendor will get the contract : Given the longevity of the vendor's bulbs and the test the potential customer will be carrying out, what is the probability that the vendor will get the contract?
Choose an historical event- trend or topic : Choose an historical event, trend, or topic. Explain why you have chosen this event, topic, or trend and how the two primary sources you have chosen relate to it.Find two points of commonality between the two sources in regards to the topic you ha..
Challenges and risks in maintaining a company data resources : What are the challenges and risks in maintaining a company's data resources on the cloud, such as SaaS, as opposed to on premise. Please provide 200 words with reference/citation in Harvard.
Would you suggest that donald drop his plan to list himself : Given the probability you've calculated, would you suggest that Donald drop his plan to list himself in the yellow pages as a psychic phenomenon?
Strategic meeting with corporate executives : In a strategic meeting with corporate executives, you learn that your company is considering moving part of the operation to a RTW state that has lower wage rates and fewer employment laws.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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