What is the probability of randomly drawing gray

Assignment Help Operation Management
Reference no: EM131035021

A ball is drawn from at random from a container that holds 8 yellow balls numbered 1-8, 6 orange balls numbered 1 to 6, & 10 gray balls numbered 1 to 10.

What is the probability of randomly drawing "gray" OR "8" when drawing a single ball ? ( Note that OR includes the probability of both.) answer as a decimal value to 3 decimal places

Please show spreadsheet and calculations if applicable for probability.

Reference no: EM131035021

Questions Cloud

Advantages and disadvantages of the perfect size concept : What are the advantages and disadvantages of the Perfect Size concept for (a) Mars Belgium and Mars Netherlands, (b) the consumers, (c) the trade partners?
Financial system and business cycle : Economic growth, financial system and business cycle 1. Investment and productivity 2. Factors that determine investment: Saving and investment.
Determine tebbbc budgeted net profit : Determine TEBBBC's budgeted net profit for the year 2017. Assuming the sales mix remains as planned, determine how many units of each product TEBBC must sell in order to breakeven in the year 2017
How the article relates to the concepts and principles : Choose a marketing related article from a popular business periodical (e.g., Fortune, Business Week) or newspaper (e.g., Wall Street Journal) on a topic that interests you.
What is the probability of randomly drawing gray : A ball is drawn from at random from a container that holds 8 yellow balls numbered 1-8, 6 orange balls numbered 1 to 6, & 10 gray balls numbered 1 to 10. What is the probability of randomly drawing "gray" OR "8" when drawing a single ball ?
Determine the minimum coefficient of static friction at a : determine the minimum coefficient of static friction at A and B so that the roller remains selflocking, regardless of the magnitude of force P applied to the belt. Neglect the weight of the roller and neglect friction between the belt and the vert..
How long will it take to produce the optimal quantity : Ross White wants to reconsider his decision of buying the brackets and is considering making the brackets in-house. he has determined that set-up costs would be $25 in machinist time and lost production time, Calculate the daily demand rate. Calcualt..
One requirement for a european economy for joining the euro : One requirement for a European economy for joining the euro in 1999 was a cut in government deficit. Based on European Economy data as regards current account balances (CA), private savings, private investment, government spending and taxes (all as p..
Consider a zero-coupon corporate bond : Consider a zero-coupon corporate bond that promises to pay a return of 12% next period. Suppose that there is a 20% chance that the issuing company will default on the bond payment, in which case there is an equal chance of receiving a return of eith..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and 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