What is the probability all members of committee are tenured

Assignment Help Marketing Research
Reference no: EM131463370

Assignment :  Statistical Analysis I

1.   Compute the mean and variance of the following discrete probability distribution.

x

P(x)

2

.50

8

.30

10

.20

2.   The Computer Systems Department has eight faculty, six of whom are tenured. Dr. Vonder, the chair, wants to establish a committee of three department faculty members to review the curriculum. If she selects the committee at random:

a.   What is the probability all members of the committee are tenured?

b.   What is the probability that at least one member is not tenured? (Hint: For this question, use the complement rule).

3.   New Process, Inc., a large mail-order supplier of women's fashions, advertises same-day service on every order. Recently, the movement of orders has not gone as planned, and there were a large number of complaints. Bud Owens, director of customer service, has completely redone the method of order handling.

The goal is to have fewer than five unfilled orders on hand at the end of 95% of the working days. Frequent checks of the unfilled orders follow a Poisson distribution with a mean of two orders. A Poisson distribution is a discrete frequency distribution.

Has New Process, Inc. lived up to its internal goal? Cite evidence.

4.   Recent information published by the U.S. Environmental Protection Agency indicates that Honda is the manufacturer of four of the top nine vehicles in terms of fuel economy.

a.   Determine the probability distribution for the number of Hondas in a sample of three cars chosen from the top nine.

b.   What is the likelihood that in the sample of three at least one Honda is included?

Reference no: EM131463370

Questions Cloud

What is the imputed cost of shortage for this case : Suppose that the warehouse mistakenly used aType 1 service objective when it really meant to use a Type 2 service objective (see Problem I).
How could prevention through design have been used : Of the different approaches to reducing risks in the workplace, which do you think is the most effective? How could Prevention through Design have been used?
What is termed the saudi arabia of natural gas : What is termed the "Saudi Arabia of natural gas"? According to the NY Times report how was waste water from drilling being disposed of?
What percentage of the working time does the company produce : Filter Systems produces air filters for domestic and foreign cars. One filter, part number JJ39877, is supplied on an exclusive contract basis to Oil Changers.
What is the probability all members of committee are tenured : MA260 : What is the probability all members of the committee are tenured?What is the probability that at least one member is not tenured?
How many single rolls should you be buying in order : Your local grocery store stocks rolls of bathroom tissue in single packages and in more economical 12-packs. You are trying to decide which to buy.
Evaluate the key issues that strategic analysis faces : Critically evaluate the key issues that strategic analysis faces in a business or organisation that you are familiar with
Calculate the size of standing order : A purchasing agent for a particular type of silicon wafer used in the production of semiconductors must decide among three sources.
Evaluate the likelihood of traditional corporations : Determine the ethical theory or theories (from Chapter 1 of the textbook) that best support(s) the B-corp concept. Support your response.

Reviews

Write a Review

Marketing Research Questions & Answers

  A business plan: gift shop

A business plan for a gift shop contains so many constraints and aspects to be taken into consideration before start up with something.

  Managerial decision making

This assignment is based on Managerial Decision Making. Compare and contrast the theoretical and practical differences between "formal research" and "business proposals".

  London congestion charge

Generate revenue for city are under consideration. The two proposals are London Congestion Charge and Charging for Firefighting.

  Market research

The director of market research at a large department store chain wanted to prepare a survey throughout a metropolitan area to calculate the amount of time working women spend shopping for clothing in a typical month.

  Producing quality steel by stressing sound management

Nucor Corporation- Producing Quality Steel by Stressing Sound Management Practices

  Monitor and review the performance of members of a team

Monitor and review the performance of members of a team.

  Scientific research and informal research

Differences between scientific research and some informal research

  Dilmah ceylon tea: market development in australia

Dilmah Ceylon Tea: Market Development in Australia.

  Quantitative analysis based on a excessive research

Zara is part of a multi-national conglomerate and it is operating in many countries worldwide. There are a total number of 1770 Zara stores world wide in regions of Africa, Asia, Central America and The Caribbean, Europe, North America, and South Ame..

  Market research report

Market Research Report

  Designing a lunchbox menu for children

Marketing Plan- Designing a lunchbox menu for Children

  Case study:moet hennessy louis vuitton

Case study:Moet Hennessy Louis Vuitton

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