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    Probability

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    Quantitative Methods: Decision Tables, Probability and Expected Value

    Please see the attached file for the fully formatted problems. ESSAY. Write your answer in the space provided or on a separate sheet of paper. 1) There is a fixed cost of $50,000 to start a production process. Once the process has begun, the variable cost per unit is $25. The revenue per unit is projected to be $45. Write

    Operation management

    1.A sandwich shop near campus has a special counter, open from 11 to 1pm, which is used exclusively for selling pre-made sandwiches. The clerk can handle a customer in about one minute. Customers arrive at the rate of 40 per hour on average. How long in minutes does a customer have to wait? What is the average number of customer

    Probability

    1. What is the probability of getting at least 1 diamond in a 5-card hand dealt from a standard 52-card deck? 2. In a family with 3 children, excluding multiple births, what is the probability of having 2 boys and 1 girl, in any order? Assume that a boy is as likely as a girl at each birth. 3. A country park system rates its

    Normal distribution :Probability and conditional probability

    X~N(500,400) Determine the following Random Variable X a) P( X <= 515 ) b) P( X <= 515 | X > 450 ) (note: "|" implies given) c) P( 20 < X^(1/2) <= 25 ) ( i.e. 20 < "square root of X" < 25 ) please clearly state each step for each part. The attached file states the problem again.

    Probability of Defective Resistors: DeMoivre-Laplace Theorem

    A manufacturer of electronic equipment buys 900 resistors for which the probability of any single resistor being defective is p = 0.01. What is the probability that: (a) Exactly two of the resistors are bad ? (b) None of the resistors are bad ? (c) Exactly 9 of the resistors are bad ? (Use the DeMoivre-Laplace Theorem).

    Probability Example Questions and Answers

    1. In a bag there are 2 red, 3 yellow, 4 green, and 6 blue marbles. What is the probability of P (yellow or green)? Choose the best answer from the options below: A 6 / 10 B 7 / 15 C 3 / 10 D 2 / 15 2. A spinner has the numbers 1 thru 9. The spinner is spun once. What is the probability of P (3, 6

    Convergence in probability

    Please see the attached Give two random variables x and y, defined.... show that d is metric and that it metrizes convergence in probability.

    Probability Mutually Exclusive Events

    Let A and B be two mutually exclusive events of a sample space S. If P(A) = 0.6 and P(B) = 0.2, find each of the following probabilities of P(B) element sign over b P(A)element sign over a and P(A&#8745;B) element sign over the a intersect b These are 3 separate events

    Probability Estimates for Passing

    Mary is taking courses in both Reading and English. She estimates her probability of passing Reading of 0.4 and English at 0.6 and she estimates her probability of passing at least one of them at 0.8. What is her probability of passing both courses?

    Probability

    See file. thanks Each box of a certain brand of breakfast cereal contains a small charm, with k distinct charms forming a set...Show that the probability of finding at least one complete set of charms in random purchases...

    Probability: make sample space and find probabilities

    Use a tree diagram. Use a diagram to list the sample space showing possible arrangements of heads and tails when four coins are tossed . Then use the sample space to find the probability that: 1. at most two coins come up heads 2. at least two coins come up heads 3. no more than three coins come up tails.

    Fundamental Probability, and Decision Analysis

    Mathematics: fundamental Probability, and Decision Analysis; from book Quantitative Methods for master program at Strayer University. 1.Jim is considering pursuing an MS in Information System degree, He has applied to two different universities. The acceptancce rate for applications ... 2.If X has the following distributio

    Probability Rules of Smokers

    320 of the male students are smokers and 480 are non-smokers. 450 of the female students are smokers and 450 are none smokers. What is the probability that a male student and a female student, both chosen randomly, are both smokers? *see attachment*

    Probability - A silver dollar is flipped twice, calculate the probability of each of the following occurring: A, a head on the first flip b, a tail on the second flip given that the first toss was head c, two tails d, tail on the first tail on the second e, tail on the first a head oon the second or a head on the first tail on the second f, at least one head n the two flips

    A silver dollar is flipped twice, calculate the probability of each of the following occurring: A, a head on the first flip b, a tail on the second flip given that the first toss was head c, two tails d, tail on the first tail on the second e, tail on the first a head oon the second or a head on the first tail on the

    Empirical rule

    Scores on the GRE (graduate record examination) are normally distributed with a mean of 510 and a standard deviation of 148. Use the 68-95-99.7 rule to find the percentage of people taking the test who score between 66 and 954. The percentage of people taking the test who score between 66 and 954 is ___%

    probability of a singled parent in US military from the army

    This table shows the breakdown of 89 thousand single parents in the us military in a certain year. All numbers are in thousands and rounded to the nearest thousand. use the data in the table to find the probability that a randomly selected singled parent in the us military is in the army. ARMY NAVY MARINES

    Roulette probability

    One option in a roulette game is to bet $18 on red.There are 18 red compartments,18 black compartments,and 2 compartments neither red nor black.If the ball lands on red you get to keep the $18 you paid to play the game and you are awarded $18 if the ball lands elsewhere you are awarded nothing and the $18 you bet will be collect

    Calculating Average Insurance Premium

    See the attached file. This table shows claims and their probability for an insurance company. AMOUNT OF CLAIM PROBABILITY $0 0.65 $50,000 0.25 $100,000 0.06 $150,000

    Probability Grape Juice Succession

    An ice chest contains six cans of apple juice, eight cans of grape juice, four cans of orange juice,and 2 cans of mango juice. Suppose that you reach into the container and selected 2 cans in succession. What is the probability of selecting a can of apple juice? A can of grape juice then a can of orange juice?

    Probability

    A coin is tossed and a die is rolled. Find the probability of getting a tails and a number greater than 2.

    Patient Isolation Hospitals

    See attachment for formatting 1. The ages of all the patients in the isolation ward of the hospital are 38, 26, 13, 41, and 22. What are the population mean, variance, and standard deviation? 2. The weights of a sample of seven FedEx shipments, to the nearest pound, are 10, 7, 11, 1

    Probability and Statistics - Financial Support

    Twenty scientists are seeking financial support from the National Science Foundation . Find the number of ways in which the NSF panel can select four of the twenty submitted proposals ranking them as first , second , third , and fourth.

    Probability - Randomly Selected Numbers

    A state runs a lottery in which 6 numbers are randomly selected from 40, without replacement. A player chooses 6 numbers before the state's sample is selected. a. What is the probability that the 6 numbers chosen by the player match all 6 numbers in the state's sample? b. What is the probability that 5 of the 6 numbers chosen

    Probability the length of an Atlantic croaker is less

    1. The lengths of Atlantic croaker fishes are normally distributed, with a mean of 9 inches and a standard deviation of 2.56 inches. An Atlantic croaker fish is randomly selected. a. Find the probability that the length of the fish is less than 8 inches. b. Find the probability that the length of the fish is between 8 an

    Probability and statistic

    Please show all steps and do an attachment please. please you must show all steps please do a good job on this one thank you For the data set x 2 1 3 4 7 6 5 _________________________ y 1 2 4 3 5 7 6 a. find the correlation coefficient r. b. Find the equation of the regression line. Graph the line . Dete