(3) At a construction project, the amount of material available for any day is variable and can bedescribed with the frequency diagram below. The amount of material used in a day's construction iseither 150 units or 250 units, with the probabilities 0.7 and 0.3(a) What is the probability of shortage of material in any day? Shortage occurs whenever the availablematerial is less than the amount needed for that day's construction.(b) If there is a shortage of material, what is the probability that there were fewer than 200 unitsavailable?0.6 %0.4%A = Amount Of MoterialAvailableA100150200250300Hint: the area of the histogram shows the probability, e.g., P(100

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Answered: (a) What is the probability of shortage…

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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(a) What is the probability of shortage of material in any day? Shortage occurs whenever the available material is less than the amount needed for that day's construction. (b) If there is a shortage of material, what is the probability that there were fewer than 200 units available?