Loose-leaf For Applied Statistics In Business And Economics
Loose-leaf For Applied Statistics In Business And Economics
5th Edition
ISBN: 9781259328527
Author: David Doane, Lori Seward Senior Instructor of Operations Management
Publisher: McGraw-Hill Education
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Chapter 6, Problem 78CE

Although television HDTV converters are tested before they are placed in the installer’s truck, the installer knows that 20 percent of them still won’t work properly. The driver must install eight converters today in an apartment building. (a) Ten converters are placed in the truck. What is the probability that the driver will have enough working converters? *(b) How many boxes should the driver load to ensure a 95 percent probability of having enough working converters?

(a)

Expert Solution
Check Mark
To determine

Find the probability that the driver have enough working converters.

Answer to Problem 78CE

The probability that the driver have enough working converters is 0.6778.

Explanation of Solution

Calculation:

The given information is that the 20% of the converters would not work properly. The driver must install the 8 converters in an apartment in one day. There are 10 converters in the truck.

In total of 10 converters, 2 would not work properly. The driver has to install 8 converters, it means any 2 or fewer are not working properly then the driver can get enough working converters.

Binomial Distribution:

The random variable X is the number of success in n trails. The random variable X follows binomial distribution with parameters n and π.

The PDF of the distribution is,

P(X=x)=n!x!(nx)!πx(1π)nx for X = 0, 1, 2, 3, 4, …, n.

Here, the random variable X is the number of not working converters, n is 10 and the probability of no shows is 0.20.

The probability of the driver have enough working converters is P(X2).

Probability = BINOM.DIST (numbers, trails, probability, cumulative).

Software procedure:

Step by step procedure to obtain the probability by using EXCEL software:

  • Open new EXCEL file.
  •  In cell A1, enter the formula as “=BINOM.DIST (2,10,0.20,1)”.

Output using EXCEL software is given as follows:

Loose-leaf For Applied Statistics In Business And Economics, Chapter 6, Problem 78CE , additional homework tip  1

From the output, the value of P(X2) is 0.6778.

Thus, the probability that the driver have enough working converters is 0.6778.

(b)

Expert Solution
Check Mark
To determine

Find the number of boxes should be loaded to get 95% have enough working converters.

Answer to Problem 78CE

The number of boxes should be loaded to get 95% have enough working converters is 13.

Explanation of Solution

Calculation:

Assume the random variable X represents the number of working converters and the probability for the event is 0.80.

Calculate the number of boxes need to get the 95% have enough working inverters,P(X8)0.95 for various values of n.

The value of P(X8)=1P(X7).

Probability = BINOM.DIST (7, n, 0.80, 1).

For n=10.

Software procedure:

Step by step procedure to obtain the probability by using EXCEL software:

  • Open new EXCEL file.
  •  In cell A1, enter the formula as “=BINOM.DIST (7,10,0.80,1)”.

Output using EXCEL software is given as follows:

Loose-leaf For Applied Statistics In Business And Economics, Chapter 6, Problem 78CE , additional homework tip  2

From the output, the value of P(X7) for n as 10 is 0.3222.

P(X8)=1P(X7)=10.3222=0.6778

For n=11.

Software procedure:

Step by step procedure to obtain the probability by using EXCEL software:

  • Open new EXCEL file.
  •  In cell A1, enter the formula as “=BINOM.DIST (7,11,0.80,1)”.

Output using EXCEL software is given as follows:

Loose-leaf For Applied Statistics In Business And Economics, Chapter 6, Problem 78CE , additional homework tip  3

From the output, the value of P(X7) for n as 11 is 0.1611.

P(X8)=1P(X7)=10.1611=0.8389

For n=12.

Software procedure:

Step by step procedure to obtain the probability by using EXCEL software:

  • Open new EXCEL file.
  •  In cell A1, enter the formula as “=BINOM.DIST (7,12,0.80,1)”.

Output using EXCEL software is given as follows:

Loose-leaf For Applied Statistics In Business And Economics, Chapter 6, Problem 78CE , additional homework tip  4

From the output, the value of P(X7) for n as 12 is 0.0726.

P(X8)=1P(X7)=10.0726=0.9274

For n=13.

Software procedure:

Step by step procedure to obtain the probability by using EXCEL software:

  • Open new EXCEL file.
  •  In cell A1, enter the formula as “=BINOM.DIST (7,13,0.80,1)”.

Output using EXCEL software is given as follows:

Loose-leaf For Applied Statistics In Business And Economics, Chapter 6, Problem 78CE , additional homework tip  5

From the output, the value of P(X7) for n as 13 is 0.0300.

P(X8)=1P(X7)=10.0300=0.9700

Thus, the number of boxes should be loaded to get 95% have enough working converters is 13.

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Chapter 6 Solutions

Loose-leaf For Applied Statistics In Business And Economics

Ch. 6.3 - Prob. 11SECh. 6.3 - Prob. 12SECh. 6.4 - List the X values that are included in each...Ch. 6.4 - Write the probability of each italicized event in...Ch. 6.4 - Find the mean and standard deviation for each...Ch. 6.4 - Prob. 16SECh. 6.4 - Calculate each binomial probability: a. X = 5, n =...Ch. 6.4 - Calculate each binomial probability: a. X = 2, n =...Ch. 6.4 - Prob. 19SECh. 6.4 - Prob. 20SECh. 6.4 - Prob. 21SECh. 6.4 - Calculate each binomial probability: a. Fewer than...Ch. 6.4 - In the Ardmore Hotel, 20 percent of the customers...Ch. 6.4 - Historically, 5 percent of a mail-order firms...Ch. 6.4 - At a Noodles Company restaurant, the probability...Ch. 6.4 - J.D. Power and Associates says that 60 percent of...Ch. 6.4 - Prob. 27SECh. 6.4 - Police records in the town of Saratoga show that...Ch. 6.5 - Find the mean and standard deviation for each...Ch. 6.5 - Find the mean and standard deviation for each...Ch. 6.5 - Calculate each Poisson probability: a. 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What...Ch. 6 - The probability that a 30-year-old white male will...Ch. 6 - Prob. 63CECh. 6 - Prob. 64CECh. 6 - Prob. 66CECh. 6 - In a certain year, on average 10 percent of the...Ch. 6 - The probability that an American CEO can transact...Ch. 6 - In a certain Kentucky Fried Chicken franchise,...Ch. 6 - In a certain Kentucky Fried Chicken franchise,...Ch. 6 - Write the Excel binomial formula for each...Ch. 6 - Tired of careless spelling and grammar, a company...Ch. 6 - Prob. 73CECh. 6 - Prob. 74CECh. 6 - Prob. 75CECh. 6 - Write the Excel formula for each Poisson...Ch. 6 - A small feeder airline knows that the probability...Ch. 6 - Although television HDTV converters are tested...Ch. 6 - Prob. 79CECh. 6 - There is a 70 percent chance that an airline...Ch. 6 - Lunch customers arrive at a Noodles Company...Ch. 6 - In a major league baseball game, the average is...Ch. 6 - Prob. 83CECh. 6 - In a recent year, potentially dangerous commercial...Ch. 6 - At an outpatient mental health clinic, appointment...Ch. 6 - Prob. 86CECh. 6 - Prob. 87CECh. 6 - Past insurance company audits have found that 2...Ch. 6 - Prob. 89CECh. 6 - In Northern Yellowstone Lake, earthquakes occur at...Ch. 6 - On New Yorks Verrazano Narrows bridge, traffic...Ch. 6 - Leaks occur in a pipeline at a mean rate of 1 leak...Ch. 6 - Prob. 93CECh. 6 - The probability is .03 that a passenger on United...Ch. 6 - Prob. 95CECh. 6 - On average, 2 percent of all persons who are given...Ch. 6 - Prob. 97CECh. 6 - Prob. 99CECh. 6 - The probability that a bakery customer will order...Ch. 6 - Prob. 101CECh. 6 - For patients aged 81 to 90, the probability is .07...Ch. 6 - Prob. 103CECh. 6 - Prob. 104CECh. 6 - Prob. 105CECh. 6 - The Rejuvo Corp. manufactures granite countertop...Ch. 6 - Prob. 107CECh. 6 - Prob. 108CECh. 6 - Prob. 109CECh. 6 - Prob. 110CECh. 6 - Malaprop Ltd. sells two products. 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