Determine the probability of each of the following events


Determine the probability of each of the following events occurring. State the approach to probability which you used and any assumptions which you needed to make. (a) A person selected from the payroll of a company is a clerical worker given that there are 350 people on the payroll of whom 120 are clerical workers. (b) A light bulb selected from a production line is defective if, out of 400 bulbs already tested, eight were defective. (c) A new-born baby is male. (d) This month’s sales forecast for a product has an error of more than 10% if the forecast had an error of over 10% in 21 out of the last 60 months. (e) A permanently manned space station is established on Mars by the year 2050.

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Operation Management: Determine the probability of each of the following events
Reference No:- TGS02460669

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