What is the probability that a randomly chosen car

Assignment Help Basic Statistics
Reference no: EM131747934

Recalls. In a car rental company s fleet, 70% of the cars are American brands, 20% are Japanese, and the rest are German. The company notes that manufacturers recalls seem to affect 2% of the American cars, but only 1% of the others.

a) What's the probability that a randomly chosen car is recalled?

b) What's the probability that a recalled car is American?

Reference no: EM131747934

Questions Cloud

Explain the bound on the error of estimation : Suppose no prior estimate of p^ is known. How large a sample is necessary for the bound on the error of estimation to be 0.04 with confidence level 90%?
Different types of performance appraisals : List and describe 3 different types of performance appraisals.
Mean and standard deviation of the number of heads : Coins. A coin is to be tossed 36 times. a) What are the mean and standard deviation of the number of heads?
Collective bargaining agreement : As the arbitrator, what would be your award and opinion in this arbitration and identify key. words of the collective bargaining agreement (CBA),
What is the probability that a randomly chosen car : The company notes that manufacturers recalls seem to affect 2% of the American cars, but only 1% of the others.
Compute the inventory amount at june : Compute the inventory amount at June 30, 2012 for Kimball International Inc. assuming that it had used the FIFO method of accounting for inventory
What is the expected interest rate : Debt: Jones Industries borrows $600,000 for 10 years with an annual payment of $100,000. What is the expected interest rate (cost of debt)?
Review problem on economics and finance : Economics and Finance When unemployment rises, high school students face more competition from college students and adult workers for summer jobs.
What is the probability that a woman whose test : What is the probability that a woman whose test indicates that she is pregnant actually is?

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