Find probability to service at most fifty of the car
Twenty percent of all cars manufactured by a certain company have a defective transmission system. If a dealer has sold 200 of these cars, what is the approximate probability that it will need to service at most 50 of them?
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Romano Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and anticipated long-run monthly usage of staff hours for Operating Departments 1 and 2 follow.
Qestion: Consider the random variable X. Prove that V(X) = E(X2) - E2 (X) [V (X) is the variance of X].
An analysis of comparative balance sheets, the current year%u2019s income statement, and the general ledger accounts of Solomon Corp. uncovered the following items. Assume all items involve cash unless there is information to the contrary.
We know that in one hour the probability of entering 15 clients is 0,031 and in the same period the probability of entering 16 clients is 0,062. Now, calculate the mean of clients entrance in the bank agency by hour.
If a dealer has sold 200 of these cars, what is the approximate probability that it will need to service at most 50 of them?
Assuming use of the direct method, over how many square feet would the Building Maintenance cost be allocated (i.e., spread)?
What is the relationship between the Confidence Level and Type I Error?
The joint probability function of two random discrete variables X and Y, with natural values (not negative) included zero, is equal to f(x,y) = c (2x +y) if x ε {0, 1, 2} and if y ε {0, 1, 2, 3}, with f(x,y) = 0 in every cases.
The following question was put on a questionnaire. What was your last salary? What type of data is being requested?
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