Discuss the below problem:
Q: A shipment of 10 items has two defective and eight nondefective items. In the inspection of the shipment, a sample of items will be selected and tested. if a defective item is found the shipment of 10 will be rejected.
If a sample of 3 is selected what is the probability that the shipment will be rejected?
Use hypergeometric distribution
The following table is a partial probablity distribution for MRA company's projected profits for the first year of operation.
x f(x)
-100 .10
0 .20
50 .30
100 .25
150 .10
200 .05
a What is the probability that MRA will be profitable?
b What is the probability that MRA will make at least 100,000?
Attachment:- Tabular data.rar