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many firms utilize sampling plans to control the quality of manufactured items ready for shipmentto illustrate the use
suppose you play a game at a casino where your probability of winning each game is 049 on each game you bet 10 which
comdell computer receives computer chips from chipco each batch sent by chipco is inspected as follows35 chips are
a standardized test consists entirely of multiple-choice questions each with five possible choicesyou want to ensure
in the current tax year suppose that 5 of the millions of individual tax returns are fraudulent that is they contain
suppose you are sampling from a large population and you ask the respondents whether they believe men should be allowed
a woman claims that she is a fortune-teller specifically she claims that she can predict the direction of the change up
the annual number of industrial accidents occurring in a particular manufacturing plant is known to follow a poisson
suppose that x the number of customers arriving each hour at the only checkout counter in a local pharmacy is
suppose the number of baskets scored by the indiana university basketball team in one minute follows a poisson
suppose that the times between arrivals at a bank during the peak period of the day are exponentially distributed with
consider a poisson random variable x with parameter lambda 2a find the probability that x is within one standard
based on historical data the probability that a major league pitcher pitches a no-hitter in a game is about 11300a use
suppose the annual return on xyz stock follows a normal distribution with mean 12 and standard deviation 30a what is
assume the annual mean return on abc stock is around 15 and the annual standard deviation is around 25 assume the
suppose com dell computer receives its hard drives from diskco on average 4 of all hard disk drives received by com
suppose that a particular production process fills detergent in boxes of a given size specifically this process fills
it is widely known that many drivers on interstate highways in the united states do not observe the posted speed limit
the lifetime of a certain manufacturers washing machine is normally distributed with mean 4 yearsonly 15 of all these
you have been told that the distribution of regular unleaded gasoline prices over all gas stations in indiana is
a fast-food restaurant sells hamburgers and chicken sandwiches on a typical weekday the demand for hamburgers is
referring to the box plots the sides of the box are at the first and third quartiles and the difference between these
in a typical month an insurance agent presents life insurance plans to 40 potential customers historically one in four
many vehicles used in space travel are constructed with redundant systems to protect flight crews and their valuable
suppose that a popular hotel for vacationers in orlando florida has a total of 300 identical rooms as many major