Question
In: Statistics and Probability
A computer company shipped two new computers to a customer. These two computers were randomly selected...
A computer company shipped two new computers to a customer. These two computers were randomly selected from the 15 computers in stock. Unfortunately, the inventory clerk by mistake mixed up new computers with refurbished computers. As a result, the 15 computers in stock consisted of 11 new computers and 4 refurbished computers. If the customer received one refurbished computer, the company will incur a shipping and handling expense of $100 to replace that computer with a new computer. However, if both computers were refurbished, the customer would cancel the order and the company will incur a total loss of $1,000. If the customer received both computers as new, then there is no extra cost involved (i.e., zero loss). Find the expected value and standard deviation of the computer company's loss. (5 Points)
Solutions
orchestra answered 2 years agoRelated Solutions
A company is shipped computers. The company randomly tests 10 computers from each shipment (with replacement)....
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Two major computer companies manufacture and sell computer
accessories. The prices of 5 randomly selected accessories are
listed below:
Computer Accessory Price Data
Computer Accessory
Macrohard Price ($)
Pear Computer Price ($)
keyboard
67.33
65
mouse
54.78
40.24
speaker
135.53
134.82
modem
100.31
95.71
monitor
377.62
352.36
The quality of the computer accessories for both companies are
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A company randomly selected nine office employees and secretly monitored their computers for one month. The...
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Excell Computers promptly shipped two servers to its biggest client. The company profits RM5,000 on each...
Excell Computers promptly shipped two servers to its biggest
client. The company profits RM5,000 on each one of these big
systems. The shipping worker randomly selected the system without
replacement that were delivered from 15 computers in stock. The
system contain 4 refurbished computer, with 11 new computers in the
warehouse.
If the client gets two new computers, Excell earns RM10,000 profit.
If the client gets a refurbished computer, it’s coming back for
replacement and Excell must pay the RM400...
Excell Computers promptly shipped two servers to its biggest client. The company profits RM5,000 on each...
Excell Computers promptly shipped two servers to its
biggest client. The company profits RM5,000 on each one of these
big systems. The shipping worker randomly selected the system
without replacement that were delivered from 15 computers in stock.
The system contain 4 refurbished computer, with 11 new computers in
the warehouse.
If the client gets two new computers, Excell earns RM10,000 profit.
If the client gets a refurbished computer, it’s coming back for
replacement and Excell must pay the RM400...
Excell Computers promptly shipped two servers to its biggest client. The company profits RM5,000 on each...
Excell Computers promptly shipped two servers to its
biggest client. The company profits RM5,000 on each one of these
big systems. The shipping worker randomly selected the system
without replacement that were delivered from 15 computers in stock.
The system contain 4 refurbished computer, with 11 new computers in
the warehouse.
If the client gets two new computers, Excell earns RM10,000 profit.
If the client gets a refurbished computer, it’s coming back for
replacement and Excell must pay the RM400...
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(a)
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Two thousand randomly selected adults were asked if they are in favor of or against cloning....
Two thousand randomly selected adults were asked if they are in
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In
Favor
Against
No Opinion
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Female
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680
128
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find the probability that is person is against cloning
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