/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Q2 Notation Assume that we want to ... [FREE SOLUTION] | 91Ó°ÊÓ

91Ó°ÊÓ

Notation Assume that we want to find the probability that when five consumers are randomly selected, exactly two of them are comfortable with delivery by drones. Also assume that 42% of consumers are comfortable with the drones (based on a Pitney Bowes survey). Identify the values of n, x, p, and q.

Short Answer

Expert verified
  1. The value of n is equal to 5.
  2. The value of xis equal to 2.
  3. The value of p is equal to 0.42.
  4. The value of q is equal to 0.58.

Step by step solution

01

Given information

It is given that 42% of consumers are comfortable having drones deliver their purchases and the rest are not.

The probability that out of five consumers, exactly two of them are comfortable with drones delivering their goods is to be considered.

02

Notations

Let X be a random variable that follows a binomial distribution. As a result, the following variables are defined:

  • n denotes the total number of trials.
  • x denotes the number of successes.
  • pdenotes the probability of success.
  • q denotes the probability of failure.

Here, assume that X denotes the number of consumers who are comfortable with drones, and it follows the binomial probability distribution.

Thus, success is defined as selecting a consumer who is comfortable with drones.

The total number of trials conducted is equal to 5.

The desired number of successes is equal to 2.

The probability of selecting a consumer who is comfortable with drones (p) is equal to 42% or 0.42.

Thus, the probability of selecting a consumer who is not comfortable with drones delivering their goods is equal to 1-0.42=0.58.

Therefore, the following values are obtained:

  • n = 5
  • x = 2
  • p = 0.42
  • q = 0.58

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with 91Ó°ÊÓ!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

Identifying Binomial Distributions. In Exercises 5–12, determine whether the given procedure results in a binomial distribution (or a distribution that can be treated as binomial). For those that are not binomial, identify at least one requirement that is not satisfied.

Clinical Trial of YSORT The YSORT method of gender selection, developed by the Genetics & IVF Institute, was designed to increase the likelihood that a baby will be a boy. When 291 couples used the YSORT method and gave birth to 291 babies, the weights of the babies were recorded.

For the accompanying table, is the sum of the values of P(x)

equal to 1, as required for a probability distribution? Does the table describe a probability distribution?

Number of Girls x

P(x)

0

0.063

1

0.250

2

0.375

3

0.250

4

0.063

Acceptance Sampling. Exercises 35 and 36 involve the method of acceptance sampling, whereby a shipment of a large number of items is accepted based on test results from a sample of the items.

AAA Batteries AAA batteries are made by companies including Duracell, Energizer, Eveready, and Panasonic. When purchasing bulk orders of AAA batteries, a toy manufacturer uses this acceptance sampling plan: Randomly select 50 batteries and determine whether each is within specifications. The entire shipment is accepted if at most 2 batteries do not meet specifications. A shipment contains 2000 AAA batteries, and 2% of them do not meet specifications. What is the probability that this whole shipment will be accepted? Will almost all such shipments be accepted, or will many be rejected?

In Exercises 15–20, refer to the accompanying table, which describes results from groups of 8 births from 8 different sets of parents. The random variable x represents the number of girls among 8 children.

Using Probabilities for Significant Events

a. Find the probability of getting exactly 7 girls in 8 births.

b. Find the probability of getting 7 or more girls in 8 births.

c. Which probability is relevant for determining whether 7 is a significantly high number ofgirls in 10 births: the result from part (a) or part (b)?

d. Is 7 a significantly high number of girls in 8 births? Why or why not?

Number of girls x

P(x)

0

0.004

1

0.031

2

0.109

3

0.219

4

0.273

5

0.219

6

0.109

7

0.031

8

0.004

Expected Value in Roulette When playing roulette at the Venetian casino in Las Vegas, a gambler is trying to decide whether to bet \(5 on the number 27 or to bet \)5 that the outcome is any one of these five possibilities: 0, 00, 1, 2, 3. From Example 6, we know that the expected value of the \(5 bet for a single number is -26¢. For the \)5 bet that the outcome is 0, 00, 1, 2, or 3, there is a probability of 5/38 of making a net profit of \(30 and a 33/38 probability of losing \)5.

a. Find the expected value for the \(5 bet that the outcome is 0, 00, 1, 2, or 3.

b. Which bet is better: a \)5 bet on the number 27 or a $5 bet that the outcome is any one of the numbers 0, 00, 1, 2, or 3? Why?

See all solutions

Recommended explanations on Math Textbooks

View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.