Reference no: EM132684032
Evertight, a leading manufacturer of quality nails, produces 1-, 2-, 3-, 4-, and 5- inch nails for various uses. In the production process, if there is an over-run or the nails are slightly defective, they are placed in a common bin. Yesterday, 651 of the 1-inch nails, 243 of the 2-inch nails, 41 of the 3- inch nails, 451 of the 4- inch nails, and 333 of the 5- inch nails were placed in the bin. Please break it down step by step.
Total number of nails = 651 + 243 + 41 + 451 + 333 = 1719
A. What is the probability of reaching into the bin and getting a 4-inch nail?
B. What is the probability of getting a 5-inch nail?
C. If a particular application requires a nail that is 3 inches or shorter, what is the probability of getting a nail that will satisfy the requirements of the application?
|
How important are investors expectations on future dividend
: Mercier Corporation's stock is selling for $95. How important are investors' expectations on future dividend growth to the current stock price and why?
|
|
What type of company culture from deal and kennedy
: What type of company culture from Deal and Kennedy or Trompenaars & Wooliams is closest to corporate cultures you know about from home(india)?
|
|
Determine the value of the stock using gordon growth model
: Determine the value of the stock (using the Gordon growth model of valuation) If the required rate of return is 12% and If the required rate of return is 15%
|
|
What is the average number of machines working properly
: What is the average number of machines working properly at any time?
|
|
What is the probability of reaching into the bin
: Evertight, a leading manufacturer of quality nails, produces 1-, 2-, 3-, 4-, and 5- inch nails for various uses. In the production process, if there is an over-
|
|
Calculate the value of fridge-air preferred stock today
: If the required rate of return on comparable quality preferred stocks is 14%, calculate the value of Fridge-Air's preferred stock today.
|
|
Determine the price of the bond today
: The Garcia Company's bonds have a face value of $1000, Determine the price of the bond today if the investor required rate of return is 5.8%.
|
|
What is the probability of a student receiving a c
: If this past distribution is a good indicator of future grades, what is the probability of a student receiving a C in the course?
|
|
What would be value of the same bond
: What would be value of this same bond if investors are instead willing to accept an 8.25% rate, and is it selling a premium or discount?
|