Finance A fair die is rolled five times. A 5 is considered "success," while all other outcomes are "failures." Find the probability of 1success.The probability of 1 success is(Type an integer or a simplified fraction.)

roll a fair die five timessuccess : Roll a 5P(getting 1 success) = ?

Answered: A fair die is rolled five times. A 5 is…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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The following table indicates the unit prices (in Rands) and quantities of three intermediate products consumed by a car factory in Silverton, Pretoria, for the months of March and May of 2024. Product MARCH 2024 MAY 2024 Unit Price (p0) Quantity (q0)) Unit Price (p1) Quantity (q1) Door handles R333.70 4020 R335.70 4235 Wheels R2017.00 9120 R2029.40 8910 Mirror Switches R61.50 7150 R62.70 7100 Q.2.1 Using March 2024 as the base period, compute the quantity relatives in May 2024 for door handles and wheels. Interpret your answers. Q.2.2 Using March 2024 as the base period, compute the Paasche price index for all of the products for May 2024. Interpret your answer. Q.2.3 Using March 2024 as the base period, compute the Laspeyres price index for all of the products for May 2024. Interpret your answer.
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Brawdy Plastics, Inc., produces plastic seat belt retainers for General Motors at the Brawdy Plastics plant in Buffalo, New York. After final assembly and painting, the parts are placed on a conveyor belt that moves the parts past a final inspection station. How fast the parts move past the final inspection station depends upon the line speed of the conveyor belt (feet per minute). Although faster line speeds are desirable, management is concerned that increasing the line speed too much may not provide enough time for inspectors to identify which parts are actually defective. To test this theory, Brawdy Plastics conducted an experiment in which the same batch of parts, with a known number of defective parts, was inspected using a variety of line speeds. The following data were collected. Number of Line Defective Speed Parts Found 20 24 20 21 30 19 30 15 40 14 40 17 50 14 50 12 (a) Develop a scatter diagram with the line speed as the independent variable. 25 25 20 20 20 15 15 15 10 10…
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A fair die is rolled five times. A 5 is considered "success," while all other outcomes are "failures." Find the probability of 1 success. The probability of 1 success is (Type an integer or a simplified fraction.)