OPENINTRO:STATISTICS
4th Edition
ISBN: 9781943450077
Author: OPENINTRO
Publisher: amazon.com
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 3.1, Problem 15GP
a)
To determine
Find the
b)
To determine
Find the probability that the loan took either of the given attributes using Venn diagram in Exercise 3.14.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
A company manages an electronic equipment store and has ordered
200200
LCD TVs for a special sale. The list price for each TV is
$200200
with a trade discount series of
6 divided by 10 divided by 2.6/10/2.
Find the net price of the order by using the net decimal equivalent.
According to flightstats.com, American Airlines flights from Dallas to Chicago are on time 80% of the time. Suppose 10 flights are randomly selected, and the number
of on-time flights is recorded.
(a) Explain why this is a binomial experiment.
(b) Determine the values of n and p.
(c) Find and interpret the probability that exactly 6 flights are on time.
(d) Find and interpret the probability that fewer than 6 flights are on time.
(e) Find and interpret the probability that at least 6 flights are on time.
(f) Find and interpret the probability that between 4 and 6 flights, inclusive, are on time.
Show how you get critical values of 1.65, -1.65, and $1.96 for a right-tailed, left- tailed, and two-tailed hypothesis test (use a = 0.05 and assume a large sample size).
Chapter 3 Solutions
OPENINTRO:STATISTICS
Ch. 3.1 - Prob. 6GPCh. 3.1 - Prob. 7GPCh. 3.1 - Prob. 8GPCh. 3.1 - Prob. 9GPCh. 3.1 - Prob. 10GPCh. 3.1 - Prob. 11GPCh. 3.1 - Prob. 12GPCh. 3.1 - Prob. 13GPCh. 3.1 - Prob. 14GPCh. 3.1 - Prob. 15GP
Ch. 3.1 - Prob. 16GPCh. 3.1 - Prob. 17GPCh. 3.1 - Prob. 18GPCh. 3.1 - Prob. 19GPCh. 3.1 - Prob. 20GPCh. 3.1 - Prob. 22GPCh. 3.1 - Prob. 23GPCh. 3.1 - Prob. 24GPCh. 3.1 - Prob. 1ECh. 3.1 - Prob. 2ECh. 3.1 - Prob. 3ECh. 3.1 - Prob. 4ECh. 3.1 - Prob. 5ECh. 3.1 - Prob. 6ECh. 3.1 - Prob. 7ECh. 3.1 - Prob. 8ECh. 3.1 - Prob. 9ECh. 3.1 - Prob. 10ECh. 3.1 - Prob. 11ECh. 3.1 - Prob. 12ECh. 3.2 - Prob. 28GPCh. 3.2 - Prob. 29GPCh. 3.2 - Prob. 30GPCh. 3.2 - Prob. 31GPCh. 3.2 - Prob. 32GPCh. 3.2 - Prob. 33GPCh. 3.2 - Prob. 35GPCh. 3.2 - Prob. 36GPCh. 3.2 - Prob. 37GPCh. 3.2 - Prob. 38GPCh. 3.2 - Prob. 39GPCh. 3.2 - Prob. 41GPCh. 3.2 - Prob. 43GPCh. 3.2 - Prob. 45GPCh. 3.2 - Prob. 46GPCh. 3.2 - Prob. 13ECh. 3.2 - Prob. 14ECh. 3.2 - Prob. 15ECh. 3.2 - Prob. 16ECh. 3.2 - Prob. 17ECh. 3.2 - Prob. 18ECh. 3.2 - Prob. 19ECh. 3.2 - Prob. 20ECh. 3.2 - Prob. 21ECh. 3.2 - Prob. 22ECh. 3.3 - Prob. 49GPCh. 3.3 - Prob. 51GPCh. 3.3 - Prob. 52GPCh. 3.3 - Prob. 53GPCh. 3.3 - Prob. 23ECh. 3.3 - Prob. 24ECh. 3.3 - Prob. 25ECh. 3.3 - Prob. 26ECh. 3.3 - Prob. 27ECh. 3.3 - Prob. 28ECh. 3.4 - Prob. 55GPCh. 3.4 - Prob. 59GPCh. 3.4 - Prob. 62GPCh. 3.4 - Prob. 63GPCh. 3.4 - Prob. 64GPCh. 3.4 - Prob. 66GPCh. 3.4 - Prob. 67GPCh. 3.4 - Prob. 69GPCh. 3.4 - Prob. 70GPCh. 3.4 - Prob. 29ECh. 3.4 - Prob. 30ECh. 3.4 - Prob. 31ECh. 3.4 - Prob. 32ECh. 3.4 - Prob. 33ECh. 3.4 - Prob. 34ECh. 3.4 - Prob. 35ECh. 3.4 - Prob. 36ECh. 3.5 - Prob. 73GPCh. 3.5 - Prob. 75GPCh. 3.5 - Prob. 37ECh. 3.5 - Prob. 38ECh. 3 - Prob. 39CECh. 3 - Prob. 40CECh. 3 - Prob. 41CECh. 3 - Prob. 42CECh. 3 - Prob. 43CECh. 3 - Prob. 44CECh. 3 - Prob. 45CECh. 3 - Prob. 46CECh. 3 - Prob. 47CE
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- Suppose that a sports reporter claims the average football game lasts 3 hours, and you believe it's more than that. Your random sample of 35 games has an average time of 3.25 hours. Assume that the population standard deviation is 1 hour. Use a = 0.05. What do you conclude?arrow_forwardSuppose that a pizza place claims its average pizza delivery time is 30 minutes, but you believe it takes longer than that. Your sample of 10 pizzas has an average delivery time of 40 minutes. Assume that the population standard deviation is 15 minutes and the times have a normal distribution. Use a = 0.05. a. What are your null and alternative hypotheses? b. What is the critical value? c. What is the test statistic? d. What is the conclusion?arrow_forwardTable 5: Measurement Data for Question 9 Part Number Op-1, M-1 Op-1, M-2 | Op-2, M-1 Op-2, M-2 | Op-3, M-1 Op-3, M-2 1 21 20 20 20 19 21 2 24 23 24 24 23 24 3 4 5 6 7 8 9 10 11 21 12 8222332 201 21 20 22 20 22 27 27 28 26 27 28 19 18 19 21 24 21 22 19 17 18 24 23 25 25 23 26 20 20 18 19 17 13 23 25 25 2 3 3 3 3 2 3 18 18 21 21 23 22 24 22 20 19 23 24 25 24 20 21 19 18 25 25 14 24 24 23 25 24 15 29 30 30 28 31 16 26 26 25 26 25 17 20 20 19 20 20 843882388 20 18 25 20 19 25 25 30 27 20 18 19 21 19 19 21 23 19 25 26 25 24 25 25 20 19 19 18 17 19 17 Question 9 A measurement systems experiment involving 20 parts, three operators (Op-1, Op-2, Op-3), and two measure- ments (M-1, M-2) per part is shown in Table 5. (a) Estimate the repeatability and reproducibility of the gauge. (b) What is the estimate of total gauge variability?" (c) If the product specifications are at LSL = 6 and USL 60, what can you say about gauge capability?arrow_forward
- Question 5 A fraction nonconforming control chart with center line 0.10, UCL = 0.19, and LCL = 0.01 is used to control a process. (a) If three-sigma limits are used, find the sample size for the control charte 2 (b) Use the Poisson approximation to the binomial to find the probability of type I error. (c) Use the Poisson approximation to the binomial to find the probability of type II error if the process fraction defective is actually p = 0.20.arrow_forwardQuestion 8 Ten parts are measured three times by the same operator in a gauge capability study. The data are shown in Table 4. (a) Describe the measurement error that results from the use of this gauge. I (b) Estimate total variability and product variability. (c) What percentage of total variability is due to the gauge? (d) If specifications on the part are at 100±15, find the P/T ratio for this gauge. Comment on the adequacy of the gauge. 3 Table 4: Measurement Data for Question 8 Part Number Measurement 1 Measurement 2 Measurement 3 1 2 100 95 101 100 93 97 3 101 103 100 4 96 95 97 5 98 98 96 6 99 98 98 7889 95 97 98 100 99 98 100 100 97 10 100 98 98 99arrow_forwardQuestion 6 The data shown in Table 3 are and R values for 24 samples of size n = 5 taken from a process producing bearings. The measurements are made on the inside diameter of the bearing, with only the last three decimals recorded (i.e., 34.5 should be 0.50345). Perform a process capability analysis using and R charts for the data from Table 3. Table 3: Data for Question 6 Sample Number R | Sample Number I Ꭱ 1 34.5 3 13 35.4 8 2 34.2 4 14 34.0 6 ∞∞ 31.6 15 37.1 5 4 31.5 4 16 34.9 7 56789 35.0 5 17 33.5 4 34.1 6 18 31.7 3 32.6 4 19 34.0 8 33.8 3 20 35.1 4 34.8 7 10 33.6 8 11 31.9 3 12 38.6 9 2232 21 33.7 2 32.8 1 33.5 24 34.2 2 32 3arrow_forward
- Question 1 The commercial loan operation of a financial institution has a standard for processing new loan applications in 24 hours. Table 1 shows the number of applications processed each day for the last 20 days and the number of applications that required more than 24 hours to complete. Table 1: Loan Application Data for Question 1 Day Applications Late Day Applications Late 1 200 3 11 219 0 2 250 4 12 238 10 3 240 2 13 250 4 4 300 5 14 302 6 5 200 2 15 219 20 6 250 4 16 246 3 7 246 3 17 251 6 8 258 5 18 273 7 9 275 2 19 245 3 10 274 1 20 260 (a) Set up the fraction nonconforming control chart for this process. Use the variable-width control limit approach. Plot the preliminary data in Table 1 on the chart. Is the process in statistical control? (b) Assume that assignable causes can be found for any out-of-control points on this chart. What center line should be used for process monitoring in the next period, and how should the control limits be calculated?arrow_forwardhelp me with ab please. please handwrite if possible. please don't use AI tools to answerarrow_forwardhelp me with ab please. please handwrite if possible. please don't use AI tools to answerarrow_forward
- help me with abcd please. please handwrite if possible. please don't use AI tools to answerarrow_forwardhelp me with abc please. please handwrite if possible. please don't use AI tools to answerarrow_forwardhelp me with abc please. please handwrite if possible. please don't use AI tools to answerarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
Algebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:9781133382119
Author:Swokowski
Publisher:Cengage
Mod-01 Lec-01 Discrete probability distributions (Part 1); Author: nptelhrd;https://www.youtube.com/watch?v=6x1pL9Yov1k;License: Standard YouTube License, CC-BY
Discrete Probability Distributions; Author: Learn Something;https://www.youtube.com/watch?v=m9U4UelWLFs;License: Standard YouTube License, CC-BY
Probability Distribution Functions (PMF, PDF, CDF); Author: zedstatistics;https://www.youtube.com/watch?v=YXLVjCKVP7U;License: Standard YouTube License, CC-BY
Discrete Distributions: Binomial, Poisson and Hypergeometric | Statistics for Data Science; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=lHhyy4JMigg;License: Standard Youtube License