Question
In: Statistics and Probability
3. A grocery bag can be classified as either paper or plastic. 79% of grocery bags...
3. A grocery bag can be classified as either paper or plastic. 79% of grocery bags are classified as plastic. (Round to three decimal places) Interpret the answers.
a) Two grocery bags are chosen at random. What is the probability that both the grocery bags are plastic?
b) Five grocery bags are chosen at random. What is the probability that all five grocery bags are paper?
Solutions
orchestra answered 1 year agoRelated Solutions
A grocery bag can be classified as either paper or plastic . Suppose that 92 %...
A grocery bag can be classified as either paper or plastic .
Suppose that 92 % of grocery bags are classified as plastic . (a)
Two grocery bags are chosen at random. What is the probability that
both grocery bags are plastic ? (b) Nine grocery bags are chosen
at random. What is the probability that all nine grocery bags are
plastic ? (c) What is the probability that at least one of nine
randomly selected grocery bags is paper...
DAY WITHOUT PLASTIC BAGS Provigo, Maxi and Loblaws grocery stores will offer a free reusable bag...
DAY WITHOUT PLASTIC BAGS
Provigo, Maxi and Loblaws grocery stores will offer a free
reusable bag with any purchase of $ 35 or more, or a reusable
container with any purchase of $ 100 or more. [...]
Several merchants reward customers who use reusable bags by
giving them $ 5 per bag. Some are calling for more dissuasive
measures, such as imposing a tax on each plastic bag supplied to
the cash register. Others are calling for an outright ban...
Paper bags are produced in a perfectly competitive market. Bemidji Bag Company produces paper bags in...
Paper bags are
produced in a perfectly competitive market. Bemidji Bag Company
produces paper bags in this market. The equilibrium price in the
paper bag market is $400 per pallet.
(4 points) Briefly explain why Bemidji Bag will want to price
at $400 per pallet and will be able to sell all the bags
it wants to produce at this price. What is the price elasticity of
demand for Bemidji Bag’s demand and how does this differ from the
price...
A plastic bag manufacturer claims that the bags have a tear resistance (in Kg.) that is...
A plastic bag manufacturer claims that the bags have a tear
resistance (in Kg.) that is distributed N(10, 1):
a) We take 9 bags and get an average tear resistance of 9.5 Kg.
¿Should we believe the specifications provided by the
manufacturer?
b) Find the probability that the bag will tear with 5 Kg. of
oranges and 4 bottles of 1 liter of water whose containers weight
25 grs.
Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop...
Mercury Bag Company produces cases of grocery bags. The managers
at Mercury are trying to develop budgets for the upcoming quarter.
The following data have been gathered.
Projected sales in units
1,240
cases
Selling price per case
$
240
Inventory at the beginning of the quarter
150
cases
Target inventory at the end of the quarter
100
cases
Direct labor hours needed to produce one case
2
hours
Direct labor wages
$
10
per hour
Direct materials cost per...
Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop...
Mercury Bag Company produces cases of grocery bags. The managers
at Mercury are trying to develop budgets for the upcoming quarter.
The following data have been gathered.
Projected sales in units: 1,690 cases
Selling price per case: $240
Inventory at the beginning of the quarter: 150 cases
Target inventory at the end of the quarter: 100 cases
Direct labor hours needed to produce one case: 2 hours
Direct labor wages: $10 per hour
Direct materials cost per case: $8
Variable...
Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop...
Mercury Bag Company produces cases of grocery bags. The managers
at Mercury are trying to develop budgets for the upcoming quarter.
The following data have been gathered. Projected sales in units
1,220casesSelling price per case$240 Inventory at the beginning of
the quarter 150casesTarget inventory at the end of the quarter
100casesDirect labor hours needed to produce one case 2hoursDirect
labor wages$10per hourDirect materials cost per case$8 Variable
manufacturing overhead cost per case$6 Fixed overhead costs for the
upcoming quarter$220,000
a....
Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop...
Mercury Bag Company produces cases of grocery bags. The managers
at Mercury are trying to develop budgets for the upcoming quarter.
The following data have been gathered.
Projected sales in units
1,090
cases
Selling price per case
$
240
Inventory at the beginning of the quarter
150
cases
Target inventory at the end of the quarter
100
cases
Direct labor hours needed to produce one case
2
hours
Direct labor wages
$
10
per hour
Direct materials cost per...
There are two bags of coins. In the first bag there are 3 gold, 2 silver...
There are two bags of coins. In the first bag there are 3 gold,
2 silver coins. In the second bag there are 1 gold, 4 silver coins.
2 coins are randomly picked from the first bag, and then dropped
into the second bag. Then a coin is randomly selected from the
second bag. If this coin is a gold coin, what is the probability
that both coins picked from the first bag were gold?
Most organizations can be classified as either ethical or unethical
Most organizations can be classified as either ethical or
unethical
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