ld to the restaurants by the end of the week can be sold to a local spaghetti company for $3.00 per kg. The fishing company decides to purchase 1500 kg of clams in a given week. The demand for clams is given by the following pr

Q: What is the probability that a randomly chosen American does not have type O blood?

A:

Q: Cars arrive at a tollgate at an average rate of 8.0 cars per hour. The driver of each car must pay a…

A: Given: Average arrival rate λ = 8 cars per hour. Formula Used: P(X=x) = e-λλxx!,   x = 0, 1, 2, 3,…

Q: An aerospace company has submitted bids on two separate federal government defense contracts. The…

A: Given Information The company president believes that there is a 43% probability of winning the…

Q: Oxnard Petro Ltd. is buying hurricane insurance for its off-coast oil drilling platform. During the…

A: Expectation of a Random Variable: The expectation of a random variable X, denoted by E(X), is…

Q: The​ three-year recidivism rate of parolees in a certain state is about 20​%; that​ is, 20​% of…

A:

Q: Assume that private preschool costs in the city are normally distributed. The average amount that…

A: We are given that,

Q: Suppose a life insurance company sells a ​$280,000 ​one-year term life insurance policy to a…

A: The probability that the female not survives is, PNot survives=1-Psurvives=1-0.999606=0.000394 The…

Q: Oxnard Petro Ltd. is buying hurricane insurance for its off-coast oil drilling platform. During the…

A: It is given that the probability of total loss of only the above water superstructure is 0.40, the…

Q: the company figures that the probability of the house being burned down by fire is 0.005, what will…

A: Given that an insurance company insures a house worth P4,500,000 for an annual premium of P25,000.

Q: A company receives 30% of its shipments from source A and the rest from source B. For source A, the…

A: Let S1 denotes the event that a randomly selected shipment is from source A and S2 denotes the event…

Q: In the game of craps, two dice are rolled and people bet on the outcome. For example you can bet one…

A: Given information Two dice is rolled One dollar that the dice will total 11 Probability of winning =…

Q: At a particular factory, a manager knows that on weekends 5% of all welds will be substandard and…

A: Given, Population proportion p = 5% = 0.05 q = 1-p = 1-0.05 = 0.95 Sample size = n = 300 By using…

Q: Four percent of the customers of a mortgage company default on their payments. A sample of five…

A:

Q: The closing price of Schnur Sporting Goods Inc. common stock is uniformly distributed between $17…

A:

Q: A survey finds that customers are charged incorrectly for 4 out of every 30 items, on average.…

A: We have given that  Number of trials n=13 Success of probability p =4/30=0.1333 X~binomial ( n, p)

Q: Customers using a self-service soda dispenser take an average of 14 ounces of soda with an SD of 4…

A: Obtain the probability that a randomly selected customer takes over 10 ounces of soda.   The…

Q: An animal shelter has a 65% adoption rate for puppies. Of all puppies in the shelter, 75% live to be…

A:

Q: Claims for a health company insurance are exponentially distributed. An insurance company offers the…

A: GivenClass A claim be X follow exponential distribution. The coverage is 1.44 for random loss of…

Q: Here is the probability model for the blood type of a randomly chosen person in the United States.…

A: We have to find given probability.

Q: A consumer electronics store stocks five alarm clock radios. If it has fewer than five clock radios…

A: Let, X : weekly demand for the alarm clock​ radio The expected weekly demand for the alarm clock​…

Q: Oxnard Petro Limited is buying hurricane insurance for its off-coast oil drilling platform. During…

A:

Q: At a popular department store, customers receive a scratch - off card when they are at the checkout…

A: 6)Discount10%20%30%40%Probability0.200.200.200.20Sum of probabilities = 0.20+0.20+0.20+0.20 = 0.80A…

Q: A computer salesman averages 1.9 sales per week. Find the probability that in a randomly selected…

A: The number of events occurred over a interval or period of time follows a discrete distribution.…

Q: an insurance company says that at age 50 one must chose to take $10,000 at age 60, $30,000 at 70, or…

A:

Q: In a snooker tournament, the fifirst player that wins 5 out of 9 games wins. Suppose that the…

A:

Q: Suppose a life insurance company sells a $120,000 one-year term life insurance policy to a…

A: Given P=0.999356 q=1-p     =1-0.999356     =0.000644

Q: Oxnard Petro Ltd. is buying hurricane insurance for its off-coast oil drilling platform. During the…

A: During the next five years, the probability of total loss of only the above-water superstructure…

Q: Hospitals typically require backup generators to provide electricity in the event of a power outage.…

A: Given: The probability that an emergency backup generator failed is p=0.26. The probability that and…

Q: A single server queuing system with a Poisson arrival rate and exponential service time has an…

A: Given that: average arrival rate = 6 customers per hour and average service rate = 9 customers per…

Q: During a Kansas tornado season, the probability a local grocery store experiences power outage on…

A: (d) On at least one day: P(At least 1 day)= 1- P(None of days) --(1) So 1st we need to find P(None…

Q: A sales rep for a national clothing company makes 4 calls per day. Based on historical

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Q: At an electronics firm, it is known from past experience that the probability a new worker who…

A:

Q: In a video game, a specific attack succeeds at a rate of 18% and every try is independent.…

A:

Q: A jar contains 6 pennies, 7 nickels and 7 dimes. A child selects 2 coins at random without…

A: Given information: A jar contains: 6 pennies 7 nickels 7 dimes A child selects 2 coins at random…

Q: at is the probability that 9 shoppers from this sample felt that regifting was socially acceptable?…

A: We have given that  Sample size n = 10 Success of probability p= 0.81 X~binomial ( n , p)…