Question
In: Statistics and Probability
A local bottling company has determined the number of machine breakdowns ...
A local bottling company has determined the number
of machine breakdowns
per month and their results are below:
Breakdowns (x) Probability
(x-mean)^2
0
............................0.15...............?
1
............................0.41...............?
2 ............................0.22
..............?
3
............................0.17...............?
4
............................0.04...............?
5
............................0.01...............?
Use the SUMPRODUCT function in Excel to answer parts a
and b.
a) The expected number (mean) of machine
breakdowns per month is:
b) The variance of the machine breakdowns per
month is:
c) The standard deviation of the machine
breakdowns per month is:
Solutions
orchestra answered 3 years agoRelated Solutions
Exhibit 5-4 A local bottling company has determined the number of machine breakdowns per month and...
Exhibit 5-4
A local bottling company has determined the number of machine
breakdowns per month and their respective probabilities as shown
below.
Number of
Breakdowns
Probability
0
0.12
1
0.38
2
0.25
3
0.18
4
0.07
Refer to Exhibit 5-4. The expected number of machine breakdowns
per month is?
2. The probability of at least 3 breakdowns in a month is
3. The probability of no breakdowns in a month is
4.The expected number of new clients per month is...
A can company reports that the number of breakdowns per 8-hour shift on its machine operated...
A can company reports that the number of breakdowns per 8-hour
shift on its machine operated assembly line follows a Poisson
distribution with a mean of 1.5.
What is the probability of exactly three breakdowns on the
midnight shift?
What is the probability of greater than two breakdowns in one
hour?
What is the probability that the time between two successive
breakdowns is at most three hours?
If two hours have gone by without a breakdown, what is the
probability...
A) A local bakery has determined a probability distribution for the number of cheesecakes that they...
A) A local bakery has determined a probability distribution for
the number of cheesecakes that they sell in a given day. Let xx
equal the number of cheesecakes sold on a randomly selected
day.
xx
0
5
10
15
20
P(x)P(x)
0.12
0.29
0.35
?
0.1
What is the probability of selling 15 cheesecakes in a given
day?
P(x=15)=P(x=15)=
What is the probability of selling at least 10 cheesecakes?
P(x≥10)=P(x≥10)=
What is the probability of selling 5 or 15 cheesecakes?...
A company has 3 machines: A, B, and C. The number of breakdowns per week is...
A company has 3 machines: A, B, and C. The number of breakdowns
per week is distributed Poisson. On average, machine A breaks down
.4 times per week, machine B breaks down .45 times per week and
machine C breaks down .9 times per week. The probability that there
are 2 breakdowns in one week is _____ (round to 4 decimal
places).
The Local Bottling Company has just installed a new bottling process that will fill 16-ounce bottles...
The Local Bottling Company has just installed a new bottling
process that will fill 16-ounce bottles of the popular Paradise
Classic Cola soft drink. Both overfilling and underfilling bottles
are undesirable: Underfilling leads to customer complaints and
overfilling costs the company considerable money. In order to
verify that the filler is set up correctly, the company wishes to
see whether the mean bottle fill, μ, is close to the
target fill of 16 ounces. To this end, a random sample...
their respective probabilities as shown below. Number of Breakdowns Probability # of breakdowns Probability 0 .15...
their respective
probabilities as shown below.
Number of
Breakdowns
Probability
# of breakdowns
Probability
0
.15
1
.41
2
.22
3
.17
4
.04
5 .01
A.) The expected
number of machine breakdowns per month
B.) The variance of
machine breakdowns per month
C.) The standard
deviation of machine breakdowns per month
Caine Bottling Corporation is considering the purchase of a new bottling machine. The machine would cost...
Caine Bottling Corporation is considering the purchase of a new
bottling machine. The machine would cost $228,168 and has an
estimated useful life of 8 years with zero salvage value.
Management estimates that the new bottling machine will provide net
annual cash flows of $33,500. Management also believes that the new
bottling machine will save the company money because it is expected
to be more reliable than other machines, and thus will reduce
downtime. Assume a discount rate of 5%....
Michener Bottling Corporation is considering the purchase of a new bottling machine. The machine would cost...
Michener Bottling Corporation is considering the purchase of a
new bottling machine. The machine would cost $170,000 and has an
estimated useful life of eight years with zero salvage value.
Management estimates that the new bottling machine will provide net
annual cash flows of $31,000. Management also believes that the new
machine will save the company money because it is expected to be
more reliable than other machines, and thus will reduce downtime.
Assume a discount rate of 10%. Click...
The Lubbock County Bureau of Weights and Measures received complaints that a local bottling company was...
The Lubbock County Bureau of Weights and Measures received
complaints that a local bottling company was putting
less than 20 ounces of root beer in its bottles (labeled 20 oz.). A
random sample of fourteen 20-oz. bottles will be
randomly selected and its contents will be measured to test the
claim that the bottling company is putting significantly
less than 20 ounces of root beer in its bottles. Use a 5% level of
significance.
Collect data from 14 randomly selected...
The Lubbock County Bureau of Weights and Measures received complaints that a local bottling company was...
The
Lubbock County Bureau of Weights and Measures received complaints
that a local bottling company was putting less than 20 ounces of
root beer in its bottles (labeled 20 oz.). A random sample of
fourteen 20-oz. bottles will be randomly selected and its contents
will be measured to test the claim that the bottling company is
putting significantly less than 20 ounces of root beer in its
bottles. Use a 5% level of significance.
9). [2 points] A rival root...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- What are the options that might be considered in relation to introducing flexible work practices? What...
- Question 2 : Aggregate Scores: Write a program that opens 2 files, quiz.txt, and hw.txt. The...
- Define the term symbiosis specifically as it applies in a biological context. Compare and contrast parasitism,...
- A research team conducted a study showing that approximately 20% of all businessmen who wear ties...
- Research the internet for companies that have executed data science projects. Pick one company and describe...
- Explain two theories or frameworks for understanding how Western Europe emerged out of 1,000 years of...
- Two cannons are mounted as shown in the drawing and rigged to fire simultaneously. They are...
ADVERTISEMENT