<\/p>\n<\/p>\n
Unless otherwise stated, answer in complete sentences, and be sure to use\u00a0correct English spelling and grammar.\u00a0 Sources must be cited in APA format.\u00a0 Your response should be a minimum of one (1) single-spaced page\u00a0to a\u00a0maximum of two (2) pages in length; refer to the “Assignment Format”\u00a0page for specific format requirements.<\/p>\n
NOTE:<\/b>\u00a0Show your work in the problems.<\/p>\n
1.\u00a0 Compute the mean and variance of the following discrete probability distribution.<\/p>\n
| \n x<\/i><\/b><\/p>\n<\/td>\n | \n P(x)<\/i><\/b><\/p>\n<\/td>\n<\/tr>\n 2<\/p>\n<\/td>\n .50<\/p>\n<\/td>\n<\/tr>\n 8<\/p>\n<\/td>\n .30<\/p>\n<\/td>\n<\/tr>\n 10<\/p>\n<\/td>\n .20<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n 2.\u00a0 The Computer Systems Department has eight faculty, six of whom are tenured.\u00a0 Dr. Vonder, the chair, wants to establish a committee of three department faculty members to review the curriculum.\u00a0 If she selects the committee at random:<\/p>\n \u00a0 \u00a0 a.\u00a0 What is the probability all members of the committee are tenured?<\/p>\n b.\u00a0 What is the probability that at least one member is not tenured? \u00a0(Hint:\u00a0 For this question, use the complement rule.)<\/p>\n 3.\u00a0 New Process, Inc., a large mail-order supplier of women\u2019s fashions, advertises same-day service on every order.\u00a0 Recently, the movement of orders has not gone as planned, and there were a large number of complaints.\u00a0 Bud Owens, director of customer service, has completely redone the method of order handling.\u00a0 The goal is to have fewer than five unfilled orders on hand at the end of 95% of the working days.\u00a0 Frequent checks of the unfilled orders follow a Poisson distribution with a mean of two orders.\u00a0 Has New Process, Inc. lived up to its internal goal?\u00a0 Cite evidence.<\/p>\n 4.\u00a0 Recent information published by the U.S. Environmental Protection Agency indicates that Honda is the manufacturer of four of the top nine vehicles in terms of fuel economy.<\/p>\n \u00a0 a.\u00a0 Determine the probability distribution for the number of Hondas in a sample of three cars chosen from the top nine.<\/p>\n b.\u00a0 What is the likelihood that in the sample of three at least one Honda is included?<\/p>\n 5.\u00a0 According to the \u201cJanuary theory,\u201d if the stock market is up for the month of January, it will be up for the year.\u00a0 If it is down in January, it will be down for the year.\u00a0 According to an article in the\u00a0Wall Street Journal<\/i>, this theory held for 29 out of the last 34 years.\u00a0 Suppose there is no truth to this theory.\u00a0 What is the probability this could occur by chance?\u00a0<\/p>\n \n<\/div>\n","protected":false},"excerpt":{"rendered":" Unless otherwise stated, answer in complete sentences, and be sure to use\u00a0correct English spelling and grammar.\u00a0 Sources must be cited in APA format.\u00a0 Your response should be a minimum of one (1) single-spaced page\u00a0to a\u00a0maximum of two (2) pages in length; refer to the “Assignment Format”\u00a0page for specific format requirements. NOTE:\u00a0Show your work in the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/173428"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=173428"}],"version-history":[{"count":0,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/173428\/revisions"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=173428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=173428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=173428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} |