Question

In: Statistics and Probability

Please show steps in the calculation. There are three kinds of apple sold in a supermarket,...

Please show steps in the calculation.

  1. There are three kinds of apple sold in a supermarket, namely Red Delicious, Fuji and Ambrosia. By experience, the chance of a customer purchases Fuji three times as much as each of the other two kinds. Suppose, there are 10 unrelated customers going to buy an apple and the supermarket management is interested in studying the sales of Fuji.

Answer the following: (Hint: Binomial distribution)

  1. Show this is a Binomial experiment by stating the requirement in the context.
  1. What is the chance that 7 customers will buy Fuji?

  1. What is the chance that 3 customers will not buy Fuji?

  1. What is the chance that at most 8 customers will buy Fuji?

  1. For these 10 customers, how many does the management expect to buy Fuji on the average?

Solutions

Expert Solution

orchestra answered 1 year ago
Next > < Previous

Related Solutions

please I need the calculation of the current WACC of Jpmorgan . please show steps for...
please I need the calculation of the current WACC of Jpmorgan . please show steps for understanding.thnks
Please show all the steps of calculation. The following are the financial statements for Patriots and...
Please show all the steps of calculation. The following are the financial statements for Patriots and Jets Companies for 2018: Statements of Financial Position Patriots Jets Cash $  25,000 $  45,000 Accounts receivable (net) 55,000 5,000 Inventory 110,000 25,000 Property, plant, and equipment (net) 550,000 160,000 Other long-term assets 140,000 57,000 Total assets $880,000 $292,000 Accounts payable $110,000 $  10,000 Salaries payable 10,000 5,000 Current liabilities $120,000 $  15,000 Long-term liabilities 190,000 55,000 Total liabilities $310,000 $  70,000 Common shares 530,000 214,000 Retained earnings 40,000...
Please show steps in the calculation. Please make sure you include checking conditions for using the...
Please show steps in the calculation. Please make sure you include checking conditions for using the CLT. Only Answer Question 3 and 4 The Human Resources (HR) Department of a certain college has asked all employees who were employed in 2018 to fill out a survey in December 2018. Three items on the survey were: “Your dental expense in 2018”, “Are you in a family with at least three other family members?”, and “Your medical expenses in 2018”. The manager...
Please show steps in the calculation. Please make sure you include checking conditions for using the...
Please show steps in the calculation. Please make sure you include checking conditions for using the CLT. The Human Resources (HR) Department of a certain college has asked all employees who were employed in 2018 to fill out a survey in December 2018. Three items on the survey were: “Your dental expense in 2018”, “Are you in a family with at least three other family members?”, and “Your medical expenses in 2018”. The manager of HR has randomly selected a...
Please show the detailed calculation steps. 1) In a population of 2500 lizards the alleles determining...
Please show the detailed calculation steps. 1) In a population of 2500 lizards the alleles determining skin colour show incomplete dominance, and the following phenotypes for each genotype are observed. 200 are homozygote CRCR with red colour, 1500 are homozygote CGCG with green colour and 800 are heterozygote CRCG with brown colour. a) What are the frequencies of the CR & CG alleles from counting the number of alleles in the population? b) The following season the population had grown...
(Please show the calculation) Case Development began operations in December 2021. When property is sold on...
(Please show the calculation) Case Development began operations in December 2021. When property is sold on an installment basis, Case recognizes installment income for financial reporting purposes in the year of the sale. For tax purposes, installment income is reported by the installment method. 2021 installment income was $888,000 and will be collected over the next three years. Scheduled collections and enacted tax rates for 2022–2024 are as follows: 2022 $300,000 20% 2023 324,000 25% 2024   264,000 25% Case also...
Segment profitability Calculation (Please show both the calculation process and the final answer) Q1 What is...
Segment profitability Calculation (Please show both the calculation process and the final answer) Q1 What is the margin ($ dollar value) of each segment (experientials, indulgents and frugals) per customer per year for Red Lobster according to the table below? (hint: food margin($)for each customer+ alcohol margin($)for each customer) Q2 Which segment is the most profitable and should be target at according to results in Q1? Q3 Calculate each segment’s total margin change ($) if Red Lobster gain 2000 new...
Show clearly, with calculation steps, how to make 200ml of 90% and 80%(v/v) ethanol, respectively. Show...
Show clearly, with calculation steps, how to make 200ml of 90% and 80%(v/v) ethanol, respectively. Show clearly, with calculation steps, how to make 70% (v/v) ethanol + 1% (v/v) acetic acid (final volume = 200ml).
Show the calculation steps for each of the problems below. Using Nyquist’ theorem, calculate the channel...
Show the calculation steps for each of the problems below. Using Nyquist’ theorem, calculate the channel capacity C of a signal that has 18 different levels and a frequency of 50,000 Hz. Using Shannon’s theorem, calculate the data transfer rate given the following information, signal frequency= 25,000 Hz; signal power = 5000 watts; noise power = 320 watts. Using Nyquist’s theorem and given a frequency of 8000 Hz and a data rate of 90,000 bps, how many signal levels (L)...
Please show steps thanks! Marley, Inc. sold $500,000 of its ten-year 8% bonds at 96 on...
Please show steps thanks! Marley, Inc. sold $500,000 of its ten-year 8% bonds at 96 on January 1, 2014. Interest is paid each January 1 and July 1 and straight-line amortization is used. Each $1,000 bond is convertible into 100 shares of $10 par common stock. One-half of the bonds were converted on January 1, 2019, when the market value of the stock was $14 per share. 1. The entry to record the conversion using the book value method would...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT