answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
insens350 [35]
2 years ago
15

In the field of quality control, the science of statistics is often used to determine if a process is "out of control". Suppose

the process is, indeed, out of control and 20% of items produced are defective. (a) If three items arrive off the process line in succession, what is the probability that all three are defective? (b) If four items arrive in succession, what is the probability that three are defective?
Business
1 answer:
devlian [24]2 years ago
4 0

Answer:

probability = 0.008

probability = 0.0256

Explanation:

we know here probability of defective is 0.2

so probability of not defective is 1 - 0.2 = 0.8

as we know 3 item is arrive off process line in succession

so The probability that an item is defective is

as P(defective) = 0.20

as all item are independent so

probability that all three items are defective is

probability = 0.20  × 0.20  × 0.20 = 0.008

and

probability that exactly 3 of next 4 are defective

so number of way that can choose 3 out of 4 is

= \frac{4!}{3! ( 4-3)!}

= 4

so as all are independent probability is

probability = ( the number of way to choose 3 out of 4 ) × ( 3 item defective ) × ( 1 item not defective )

probability = _4 C_3 × 0.2³ × ( 1- 0.2)

probability = 4 × 0.008 × 0.8

probability = 0.0256

You might be interested in
Blue Spruce Corp. provides security services. Selected transactions for Blue Spruce Corp. are presented below.
WITCHER [35]

Answer:

Oct. 1 Issued common stock in exchange for $80,500 cash from investors.

Dr Cash 80,500

    Cr Common Stock 80,500

2 Hired part-time security consultant. Salary will be $2,400 per month. First day of work will be October 15.

No entry required

4 Paid 1 month of rent for building for $2,400.

Dr Prepaid rent 2,400

    Cr Cash 2,400

7 Purchased equipment for $22,000, paying $4,900 cash and the balance on account.

Dr Equipment 22,000

    Cr Cash 4,900

    Cr Accounts payable 17,100

8 Paid $600 for advertising.

Dr Advertising expense 600

    Cr Cash 600

10 Received bill for equipment repair cost of $480.

Dr Repairs expense 480

    Cr Accounts payable 480

12 Provided security services for event for $3,900 on account.

Dr Accounts receivable 3,900

    Cr Service revenue 3,900

16 Purchased supplies for $500 on account.

Dr Supplies inventory 500

    Cr Accounts payable 500

21 Paid balance due from October 7 purchase of equipment.

Dr Accounts payable 17,100

    Cr Cash 17,100

24 Received and paid utility bill for $181.

Dr Utilities expense 181

    Cr Cash 181

27 Received payment from customer for October 12 services performed.

Dr Cash 3,900    

    Cr Accounts receivable 3,900

31 Paid employee salaries and wages of $6,200.

Dr Wages expense 6,200

    Cr Cash 6,200

6 0
1 year ago
Marketers of products such as valentines day chocolates frequently use a ____________ advertising scheduling tactic.
Gennadij [26K]
"Seasonal" advertising scheduling tactic 
8 0
1 year ago
Read 2 more answers
One local hospital has just enough space and funds currently available to start either a cancer or heart research lab. If admini
morpeh [17]

Answer:

total payoff  =  $50000

Explanation:

solution

The payment is indicated on a specific node in a circular format.

This is the sum of the results and their possibilities.

we get  here now total payoff node is

total payoff  = 0.5 × $100,000 + 0.5 × 0

total payoff  =  $50000

and given the number, it shows that the right decision is the cancer lab. This is because it has the highest price with expected 60000  

 

8 0
2 years ago
President Chris Zane mentions that employees' performance is not evaluated every six months or every year as in many organizatio
dsp73

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Discuss failures of individuals of the company

b) Establish performance standards as a group

c) Measure, evaluate and take corrective action

d) Correct employees' actions by berating and celebrating

e) Cross-train employees

And the correct answer is the option C: measure, evaluate and take corrective action.

Explanation:

To begin with, when it comes to terms of control regarding the inside structure of an organization, the managers use different processes and techniques to take on that job of controlling the employes of the company in order to see how everything is going. In the case of Chris Zane, as he wants to do a control every week, then he is absolutely interesting in evaluating and measuring the improvements of every one inside the business so in that way he can take action in time to correct something if it is not going as planned. And that is the main reason why he would use a controlling process where he needs to have everything going as planned.

3 0
2 years ago
Total interest paid on a 30-year straight note was $230,000 during the term of the loan. The annual interest rate was 6.6%. What
dsp73

Answer:

$116,161.616

Explanation:

Given that,

Total interest paid = $230,000

Time period = 30 year

Annual interest rate = 6.6%

Total interest on loan = Loan amount × Interest rate × Time period

$230,000 = Loan amount × 6.6% × 30 years

Loan amount:

=\frac{230,000}{0.066\times 30}

=\frac{230,000}{1.98}

      = $116,161.616

Therefore, the loan amount is $116,161.616.

3 0
2 years ago
Other questions:
  • Rob, Dave, and Kelly understand the financial risks involved in starting their own brewery; that's why they've established their
    12·1 answer
  • Macro, micro, pico, femto and umbrella are all types of what?
    14·1 answer
  • Jervis sells $75,000 of its accounts receivable to Northern Bank in order to obtain necessary cash. Northern Bank charges a 5% f
    11·1 answer
  • On March 1, 2018, Shipley Resources entered into an agreement with the state of Alaska to obtain the rights to operate a mineral
    13·1 answer
  • Dogs R US uses the perpetual inventory system to account for its merchandise. On May 1, it returned $50 of merchandise due to a
    14·1 answer
  • Thornbrough Corporation produces and sells a single product with the following characteristics: Per Unit Percent of Sales Sellin
    14·1 answer
  • Company A uses an accelerated depreciation method while Company B uses the straight-line method. All other things being equal, d
    10·1 answer
  • EDP is trying to decide between two different conveyor belt systems. System A costs $438,000, has a six-year life, and requires
    10·1 answer
  • Maxwell purchased $30,000 worth of 52-week T-Bills for $29,650. What will be the rate of return on his investment? (Round you tw
    7·1 answer
  • Graham recruited student volunteers to participate in his dissertation study. He set up several times for students to come to a
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!