task 3. 4 and 5 inomogeneMei SjeaTquo)bably Task 3:An owner of a firm has collected information on the number of goods sold in the last 100 days. The followingtable gives a summary of the daily sales and the probabilities of selling a particular number of goods sold perert wo day:ga sitt ni anaituloz balistab svið91011Number of goods sold per day 8Number of daysProbability61420220.060.140.200.22The day is considered to be profitable if at least 10 goods are sold.1. What is the probability that a randomly selected day will not be profitable?12180.182. What is the probability that a randomly selected day will be profitable?13200.208 telluO bns A felluO nol sunsven 20lsa ylish speiovs erit atslualsAssume that the probability of having a profitable day is constant. Also assume that the number of goods soldis independent of the day of the week.Total1001.003. Assuming the binomial probability distribution, calculate the probability that out of 6 randomlyselected days, exactly 5 days will be profitable.4. What is the probability that out of 6 randomly selected days, 4 or more days will not be profitable?een ed no bažnd alaituo ritod tot aelsa ni noilchsy to Insibilisoo aril afsluole5. What is the probability that out of 6 randomly selected days, none will be profitable?Task 4:A random variable X is uniformly distributed bewteen 2 and 12. What is the likelihood that the variable X willlie between 4 and 6?

Given Task: Number of goods sold per day 8 9 10 11 12 13 Total Number of days 6 14 20 22 18 20…

Answered: task 3. 4 and 5

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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Describe Decimal Squares for each side of the equality or inequality to explain why each statement is true. Part 1 out of 3 а. 0.5 %3D 0.50 The decimals 0.5 and 0.50 are equivalent because 0.5 can be represented by a decimal square with 50 of 100 parts shaded, and 0.50 is a decimal square with 500 of 1,000 parts shaded. Shading 500 of 1,000 parts is the same amount as shading 50 of 100 parts. А. O B. The decimals 0.5 and 0.50 are equivalent because 0.5 can be represented by a decimal square with 5 of 10 columns shaded, and 0.50 is a decimal square with 50 of 100 parts shaded. Shading 50 of 100 parts is the same amount as shading 5 out of 10 columns. The decimals 0.5 and 0.50 are equivalent because 0.50 can be represented by a with 5 of 10 columns shaded, and 0.5 is a decimal square with 50 of 100 parts shaded. Shading 50 of 100 parts is the same amount as shading 5 out of 10 OC. decimal square columns. The decimals 0.5 and 0.50 are equivalent because 0.50 can be represented by a…
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*NEED HELP WITH 1, 2, and 3*DYNAMIC INVENTORY MODELSPLEASE WALK THROUGH WITH EXCEL IF POSSIBLE, PLEASE!Mohawk Industries builds transmissions for a large automobile manufacturer. One of its transmissionassemblies requires part #HD234, purchased from a supplier within the same industrial park. Because ofthe close proximity of its supplier, the lead me for part #HD234 is negligible.The demand for part #HD234 varies according to the orders received from the automobile manufacturer.The requirements schedule for the next 10 periods is shown below: Period 1 2 3 4 5 6 7 8 9 10 Total Demand 115 50 175 95 150 225 75 70 40 20 1,015 This requirements schedule is considered fairly typical. Furthermore, the cost of placing an order with anearby supplier is $85.00, the purchase cost is $65.00, and the holding cost fracon is 0.01 per period.Mohawk is in the process of assessing different lot-sizing policies. It is interested in several that havebeen suggested.Before it can decide among them,…
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