Task 15. It is known that 96% of the output of all products satisfies the standard. The simplified controlsystem recognizes a suitable standard product with a probability of 0.98 , and the product, which does notsatisfy the standard, proceeds (like a year) with a probability of 0.05 . Determine the probability that theproduct passed control as good, really satisfied. you are standard.

Answered: Image /qna-images/answer/96163919-f1c9-45c2-bd66-3f97192c3deb.jpg

Answered: Task 15. It is known that 96% of the…

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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Q. 1 t is estimated that 809% of emails are spam emails. Some software has been applied to filter these spam emails before they reach our inbox. A certain brand of software claims that it can detect 99% of spam emails, and the probability for a false positive (a non-spam email detected as spam) is 5%. Now if an email is detected as spam, then what is the probability that it is in fact a non-spam email? event A: email is spam; event B: email is detected as spam. Assume that
see the photo for details The capacity of the stake supporting an electrical transmission tower is lognormal random variable with an average capacity of 1X0 tons and a variation coefficient of 3X (please type the last number of your student number instead of X). For example, if the last number of your student number is 4, the values will be 140 tons and 34%, respectively). What are the chances that the stake will remain intact under a load of 1X0 tons? (Instead of X, type the last number of your student number. For example, if the last number of your student number is 4, the value will be 140 tons) A pile loading test that is inserted during the placement of the stake indicates that the stake can support at least 85+X tons of load. What are the chances that the stake will remain intact under a load of 1X0 tons in such a situation? (Instead of X, type the last number of your student number. For example, if the last number of your student numara is 4, the values will be 89 tons…
.A new, miracle diabetes drug that diminishes major symptoms of diabetes has been approved by the FDA. Health care professionals and researchers believe that the new drug will prolong lifespan of diabetes patients. If the population is in steady state and the incidence is constant, what will the effect of this new drug be on the prevalence of diabetes in the population? Explain.
1. ABC inc. stock is currently selling for $30, one year from today the stock price can either increase by 20% or decrease by 15%. The probability of an increase in the stock price is equal to 0.3. The one-year risk-free rate is 5% What is the value of a European put that expires in one year with an exercise price of $24. 2. Graphically, show the value and the profit and loss of the following butterfly position: Long in a call with an exercise price of $30, short in 2 calls with an exercise price of $45, and long in a call with an exercise price of 60. All calls are written on the same stock and have the same maturity. 3. "Early exercise of an American option on a stock that does not pay any dividend is not optimal regardless of whether the option is a Call or a Put". True, False, or Uncertain. Explain.
T-Mobile Wi-Fi ? I 9:38 AM • 47% Done 8 of 14 G O FOU O FOU FOU XM FOU FDU FOU tudent.desmos.com/activitybuilder/student/607fa00008264d0cbd771b34#screenldx=4 se Connec Clara Destiny sho. O Employment Center + Login Session Expiration.. b Selling Associate- Sign in P View Portrait Proo IV Assessment Question 3 Select all the properties that must be true of a normal distribution. (Select al that apply) O The distribution is bell shaped. O The distribution has a height of zero when it is more than 3 standard deviations away from the center. O The distribution is c ntered at the mean absolute deviation. O The area under the normal distribution curve and within 2 standard deviations of the center is about 95% of the total area under the curve. O The distribution iş determined by the mean and standard deviation. O The total area under a normal distribution curve is 1 DII DD F3 F4 Fn F11 %23 $ & 3 4 6. 7 08. W R Y U { H J K C V !! .. .. * 00
Part 1 only solve asap please
Please do question 1f and 1g handwritten
Please no written by hand solution
Matthew the Barber owns a one-chair shop. At barber college, they told Matthew that his customers would exhibit a Poisson arrival distribution and that he would provide an exponential service distribution. His market survey data indicate that customers arrive at a rate of two per hour. It will take Matthew an average of 20 minutes to give a haircut. Based on these figures, find the following: Part (a): The average number of customers waiting. Part (b): The average time a customer waits. Part (c): The average time a customer is in the shop. Part (d): The average utilization of Matthew's time.
6) For the payoff table below, the decision maker will use P(s1) = .15, P(s2) = .5, and P(s3) =.35. S1 S2 S3 D1 -5000 1000 10,000 D2 -15,000 -2000 40,000 What alternative would be chosen according to expected value?b. For a lottery having a payoff of 40,000 with probability p and -15,000 withprobability (1-p), the decision maker expressed the following indifferenceprobabilities. Payoff Probability10,000 .851000 .60-2000 .53-5000 .50 Let U(40,000) = 10 and U(-15,000) = 0 and find the utility value for each payoff. c. What alternative would be chosen according to expected utility?
section 5.3 Out of 413 applicants for a job, 127 have over 10 years of experience and 51 have over 10 years of experience and have a graduate degree. Step 1 of 2 : What is the probability that a randomly chosen applicant has a graduate degree, given that they have over 10 years of experience? Enter a fraction or round your answer to 4 decimal places, if necessary. Step 2 of 2: Consider that 83 of the applicants have graduate degrees. What is the probability that a randomly chosen applicant has over 10 yrs of experience, given that the applicant has a graduate degree? round to 4 decimal places
Please answer step d.

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