Question

In: Math

8. Suppose 22% of the eggs sold at a local grocery store that are graded “large”...

8. Suppose 22% of the eggs sold at a local grocery store that are graded “large” are smaller than that and should be graded “medium.” A random sample of 15 eggs graded large is obtained. Answer the following using the binomial distribution:(Round to 4 (FOUR) decimal places.)

What is the probability that 8 or more of the “large” eggs sampled are really medium-sized?

What is the probability fewer than 3 of the “large” eggs sampled are really medium-sized?

What is the probability that none of the “large” eggs sampled are really medium-sized?

What is the probability that exactly 4 of the “large” eggs sampled are really medium-sized?

What is the probability that all of the “large” eggs sampled are really medium-sized?

What is the probability that 6 or 7 of the “large” eggs sampled are really medium-sized?

Solutions

Expert Solution

n = 15

p = 0.22

P(X = x) = nCx * px * (1 - p)n - x

a) P(X > 8) = P(X = 8) + P(X = 9) + P(X = 10) + P(X = 11) + P(X = 12) + P(X = 13) + P(X = 14) + P(X = 15)

= 15C8 * (0.22)^8 * (0.78)^7 + 15C9 * (0.22)^9 * (0.78)^6 + 15C10 * (0.22)^10 * (0.78)^5 + 15C11 * (0.22)^11 * (0.78)^4 + 15C12 * (0.22)^12 * (0.78)^3 + 15C13 * (0.22)^13 * (0.78)^2 + 15C14 * (0.22)^14 * (0.78)^1 + 15C15 * (0.22)^15 * (0.78)^0 = 0.0078

b) P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2)

                  = 15C0 * (0.22)^0 * (0.78)^15 + 15C1 * (0.22)^1 * (0.78)^14 + 15C2 * (0.22)^2 * (0.78)^13 = 0.3269

c) P(X = 0) = 15C0 * (0.22)^0 * (0.78)^15 = 0.0241

d) P(X = 4) = 15C4 * (0.22)^4 * (0.78)^11 = 0.2079

e) P(X = 15) = 15C15 * (0.22)^15 * (0.78)^0 = 0.00001

f) P(X = 6) + P(X = 7) = 15C6 * (0.22)^6 * (0.78)^9 + 15C7 * (0.22)^7 * (0.78)^8 = 0.0826


Related Solutions

A container of one dozen large eggs was purchased at a local grocery store. Each egg...
A container of one dozen large eggs was purchased at a local grocery store. Each egg was measured to determine its diameter (in millimeters) and weight (in grams). The results for the 12 eggs are given in the following table. Weight is the dependent variable. Calculate the r-sqr, correlation coefficient, and explain each value. Index   1          2          3          4          5          6          7          8          9          10        11        12 Diameter (mm)            42.2     45.45   47.8     47.4     47.7     43.5     44.4     43.9     46.2     45.9     44.3    ...
A farmer takes a load of oranges to the local grocery store to be sold. The...
A farmer takes a load of oranges to the local grocery store to be sold. The farmer claims the weight of the oranges will be at least 11 ounces each. You take a sample of 15 oranges and find a sample mean of 11.14 ounces. Test this claim for a 0.05 level of significance using excel. Standard deviation of 2.0. Step 1: Let mu = population mean Ho: mu = Ha: mu> Step 2: get z-score =norm.dist( ) The use...
At a grocery store eggs come in cartons that hold a dozen eggs. Experience indicated that...
At a grocery store eggs come in cartons that hold a dozen eggs. Experience indicated that 66.5% of the cartons have no broken eggs, 27.2% have one broken egg, 6.1& have 2 broken eggs, and 0.2% have 3 broken eggs, and the percentage of cartons with 4 or more broken eggs is negligible. Using baye's rule or law of total probability: 1. an egg is selected at random from a carton. what is the probability that the egg is broken?...
Suppose you manage a local grocery store, and you learn that a very popular national grocery...
Suppose you manage a local grocery store, and you learn that a very popular national grocery chain is about to open a store just a few miles away. Use the model of monopolistic competition to analyze the impact of this new store on the quantity of output your store should produce (Q) and the price your store should charge (P). What will happen to your profits? Explain your reasoning in detail. How and why do profits change? What could you...
Suppose you manage a local grocery store, and you learn that a very popular national grocery...
Suppose you manage a local grocery store, and you learn that a very popular national grocery chain is about to open a store just a few miles away. Use the model of monopolistic competition to analyze the impact of this new store on the quantity of output your store should produce (Q) and the price your store should charge (P). What will happen to your profits? Please show graphically and explain your reasoning in detail. For example, how and why...
Suppose you manage a local grocery store, and you learn that a very popular national grocery...
Suppose you manage a local grocery store, and you learn that a very popular national grocery chain is about to open a store just a few miles away. Use the model of monopolistic competition to analyze the impact of this new store on the quantity of output your store should produce (Q) and the price your store should charge (P). What will happen to your profits? Please show graphically and explain your reasoning in detail. For example, how and why...
Suppose you manage a local grocery store, and you learn that a very popular national grocery...
Suppose you manage a local grocery store, and you learn that a very popular national grocery chain is about to open a store just a few miles away. Use the model of monopolistic competition to analyze the impact of this new store on the quantity of output your store should produce (Q) and the price your store should charge (P). What will happen to your profits? Please show graphically and explain your reasoning in detail. For example, how and why...
Suppose you manage a local grocery store and yo have learn that a popular national grocery...
Suppose you manage a local grocery store and yo have learn that a popular national grocery chain is about to open a store in your town a few miles away. Use model of monopolistic competition to analyze the impact of this new store on quantity of output should produce and your store should charge . Explain how opening of this new store affect your business, be asure to address what happen to your customers, supply demand and prices. what will...
Suppose you manage a local grocery store, and you learn that a very popular national grocery...
Suppose you manage a local grocery store, and you learn that a very popular national grocery chain (Whole Foods or Walmart) is about to open a store just a few miles away. Use the model of monopolistic competition to analyze the impact of this new store on the quantity of output your store should produce (Q) and the price your store should charge (P). What will happen to your profits? Please show graphically and explain your reasoning in detail. For...
Suppose you manage a local grocery store, and you learn that a very popular national grocery...
Suppose you manage a local grocery store, and you learn that a very popular national grocery chain is about to open a store just a few miles away. Use the model of monopolistic competition to analyze the impact of this new store on the quantity of output your store should produce (Q) and the price your store should charge (P). What will happen to your profits? Explain your reasoning in detail. How and why do profits change? What could you...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT