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Production & Operation Management

CASE: Mrs. Jones, a robust 50 year old insurance adjuster living in the northern suburbs of Chicago has been diagnosed by a University cardiologist as having a defective heart valve. Although she is otherwise healthy, Jones's heart problem could prove fatal if left untreated. Firm research data are not yet available to predict

Point Estimation in Statistics : Maximum Likelihood Estimator, Bias

20. A random sample of n bike helmets manufactured by a certain company is selected. Let X = the number among the n that are flawed, and let p = P(flawed). Assume that only X is observed, rather than the sequence of S's and F's. a. Derive the maximum likelihood estimator of p. If n = 20 and x = 3, what is the estimate? b. Is t

Probability of independent events

If A and B are two independent events with probabilities, P(A)=0.6 and P(B)=0.4, then compute the probability that: (i) Exactly one of them will occur. (ii) Either A or B will occur.

Probability of Exactly 0 Errors on Ranomly Selected Page ...

a. A book of 450 pages contains 450 random misprint error(s). What is the probability of exactly 0 errors on a randomly selected page? b. What is the probability of at least 3 error(s) on any one page? c. What is the probability of between 1 and 4 (inclusive) random misprint error on any one page? Express you answer using 3 s


A bag contains 5 white, 7 black and 4 red balls, find the chance that three balls drawn at random are white balls.


78. Consider the system of components connected as in the accompanying picture... Please see attached.

Biostatistics - Survival Rates

1.Go to this WHO website:,life,life_tables&language=english Look up the life table for Afghanistan. A.Plot the survival curve for males and for females. Briefly describe any differences or trends. B.What is the chance of surviving birth to age 60 f

Probability: Randomly Selecting Marbles

I need you to explain to me step by step how to solve this problem. I am having trouble understanding this question. Question: A bag contains 40 blue marbles, 40 red marbles, and 20 green marbles. 60 of the marbles are big. These marbles are selected at random without replacement. What is the probability of randomly selecti

Mean Household Size and Roulette Probability

It's estimated that 57% of Americans live in households with 1 or 2 people, 32% live in households with 3 or 4 people and 11% live in households with 5 or more. Explain how you will find the expected number of people in an American household. The probability of winning when you bet on a single number in roulette is 1 in 3

Probability Distribution

Shaquille O'Neal is not recognized as good free throw shooter. Career average is 0.532 (53.2%). Suppose in a game Shaq takes 5 free throws. a. What type of probability distribution is this? Explain (Binomial???) b. What are the mean and standard deviation for the number of made free throws? c. What is the probability

2 Statistics Problems

1) One of the ways most Americans relieve stress is to reward themselves with sweets. According to one study, 46% admit to overeating sweet foods when stressed. Suppose that the 46% figure is correct and that a random sample of n = 100 Americans is selected. a) Does the distribution of p^, the sample proportion of Americans w


For what value of c is f(x)... a density function? Please see attached for full question.

Probability and Statsitcs (SMOG and FOG tests)

I am a mature student (age 60) currently working for a training company. I have been asked to complete a training project which involves these questions and have already done some of the work; however, I need to confirm my answers for these last few questions. I have attached the questions along with the SMOG and FOG data she

Probability Distribution

Give a probability distribution for the following: In 1992, the Big 10 collegiate sports conference moved to have women compose at least 40% of its athletes within 5 years. Suppose they exactly achieve the 40% figure, and that 5 athletes are picked at random from Big 10 universities. The number of women is recorded. For th

Probability of selecting a dog

If a person adopts a pet there is a 45% it'll be a cat and 55% it will be a dog (a local dog and cat adoption). If a cat is adopted there is 60% chance it will be a female. If a dog is adopted there is 35% chance it is a female. A random selection is made and it was a male. What is the the probability that the selection is a

Uniform and Exponential Distributions

A) A fire station is to be located along a road of length A, A<&#8734;. If fires will occur at points uniformly chosen of (0, A), where should the station be located so as to minimize the expected distance from the fire? That is, choose a so as to minimize E[|X-a|] when X is uniformly distributed over (0,A). b) N

Probability Questions

A professor grades homework by randomly choosing 5 out of 12 homework problems to grade. a) How many different groups of 5 are there from the 12 problems? b) Jerry did only 5 problems of one assignment. What is the probability that the problems he did comprised the group that was selected to be graded? c) Silvia did 7 pro

Probability Statistic Problems

Sample Problems - Please show all your work. QUESTION 1 Suppose that you are working for an energy company that distributes natural gas to residents in a city. As the chief economic analyst, you are asked to analyze the demand for natural gas in your city. Let X denote the random monthly demand for natural gas in millions of


1) Records show that 30% of all patients admitted to a medical clinic fail to pay their bills and that eventually the bills are forgiven. Suppose n = 4 new patients represent a random selection from the large set of prospective patients served by the clinic. Find these probabilities: a) All the patients' bills will eventually h

Basic Probability Problems

1) A shipping company knows that the cost of delivering a small package within 24 hours is $14.80. The company charges $15.50 for shipment, but guarantees to refund the charge if delivery is not made within 24 hours. If the company fails to deliver only 2% of its packages within the 24 hour period, what is the expected gain per

Normal Probability Distribution.

The goal at U.S. airports handling international flights is to clear these flights within 45 minutes. Let's interpret this to mean that 95 percent of the flights are cleared in 45 minutes, so 5 percent of the flights take longer to clear. Let's also assume that the distribution is approximately normal. a) If the standard dev