Question

In: Statistics and Probability

An automobile manufacturer has determined that 30% of all gas tanks that were installed on its...

An automobile manufacturer has determined that 30% of all gas tanks that were installed on its 2007 compact model are defective.

a. If 15 of the cars are recalled, what is the expected number (mean) that will need new gas tanks?

b. If 15 of the cars are recalled, what is the standard deviation of the number of defective gas tanks?

Use Binomial Tables in your text to answer the following:

c. If 15 of the cars are recalled, what is the probability that 10 of the 15 will need new gas tanks?

d. If 15 of the cars are recalled what is the probability that fewer than 3 of the 15 will need new gas tanks?

Solutions

Expert Solution

Solution:

a. If 15 of the cars are recalled, what is the expected number (mean) that will need new gas tanks?

Answer:

b. If 15 of the cars are recalled, what is the standard deviation of the number of defective gas tanks?

Answer:

Use Binomial Tables in your text to answer the following:

c. If 15 of the cars are recalled, what is the probability that 10 of the 15 will need new gas tanks?

Answer: Using the binomial table, we have:

Therefore, the probability that 10 of the 15 will need new gas tanks is 0.0030

d. If 15 of the cars are recalled what is the probability that fewer than 3 of the 15 will need new gas tanks?

Answer:

Therefore, the probability that fewer than 3 of the 15 will need new gas tanks is 0.1268

Binomial table:


Related Solutions

An automobile manufacturer who wishes to advertise that one of its models achieves 30 mpg (miles...
An automobile manufacturer who wishes to advertise that one of its models achieves 30 mpg (miles per gallon) decides to carry out a fuel efficiency test. Six nonprofessional drivers were selected, and each one drove a car from Phoenix to Los Angeles. The resulting fuel efficiencies (in miles per gallon) are given below. 27.3 29.4 31.2 28.4 30.2 29.6 Assuming that fuel efficiency is normally distributed under these circumstances, do the data contradict the claim that true average fuel efficiency...
A popular U.S. automobile manufacturer has​ 10,000 dealerships located throughout the country. The automobile manufacturer has...
A popular U.S. automobile manufacturer has​ 10,000 dealerships located throughout the country. The automobile manufacturer has multiple brands within its​portfolio: a value brand that caters to younger​ clientele, a moderate brand that caters to middle class customers and​ finally, a premium brand which is marketed to wealthy clientele. The​ company's leadership, located at corporate​ headquarters, is very interested in the relationship between the median salary of potential customers and the​ company's revenue.​ Specifically, the company is concerned that if potential​...
Fork Motor Company is an automobile manufacturer operating in the US. It has divided its market...
Fork Motor Company is an automobile manufacturer operating in the US. It has divided its market into three regions and has built three regional distribution centers (RDC) to serve these markets. The RDCs are located in California, Florida and Texas. The annual demand at each regional distribution center is estimated as follows and the company wants to meet all the demand. - RDC – California: 1.5M automobiles (i.e., 1.5 million) - RDC – Florida: 0.5M automobiles - RDC – Texas:...
A manufacturer of automobile batteries claims that the distribution of the lengths of life of its...
A manufacturer of automobile batteries claims that the distribution of the lengths of life of its battery has mean of 54 months and a standard deviation of 6 months. Recently manufacturer has received a rash of complaints from unsatisfied customers whose batteries have died earlier than expected. Suppose a consumer group decides to check the manufacturer’s claim by purchasing a sample of 50 of these batteries and subjecting them to test that determine battery life. Assuming that the manufacturer claim...
A car insurance company has determined that 7% of all drivers were involved in a car...
A car insurance company has determined that 7% of all drivers were involved in a car accident last year. Among the 11 drivers living on one particular street, 3 were involved in a car accident last year. If 11 drivers are randomly selected, what is the probability of getting 3 or more who were involved in a car accident last year? Group of answer choices 0.0317 0.0370 0.9683 0.481
The Kingdom of Monkey has determined that the demand for the country’s automobile tires is given...
The Kingdom of Monkey has determined that the demand for the country’s automobile tires is given by QD = 3,200 -25P, where Q = the number of tourists served each month and P is the price per roundtrip tour on a river boat for each couple. The supply of romantic river-boat tours is given by QS = 15P - 800 What is the Demand Intercept?
The Kingdom of Monkey has determined that the demand for the country’s automobile tires is given...
The Kingdom of Monkey has determined that the demand for the country’s automobile tires is given by QD = 3,200 -25P, where Q = the number of tourists served each month and P is the price per roundtrip tour on a river boat for each couple. The supply of romantic river-boat tours is given by QS = 15P - 800 What is the Supply Choke price?
An automobile manufacturer claims that the new model gets an average of 30 miles per gallon...
An automobile manufacturer claims that the new model gets an average of 30 miles per gallon on the highway, with a standard deviation of 5 miles. However, when a consumer group drove 100 cars on the highways. the group found the average mileage was 28.5 miles. what can the consumer group assert with 99% confidence? check your answer with the p-value test?
An automobile manufacturer claims that its van has a 26.3 miles/gallon (MPG) rating. An independent testing...
An automobile manufacturer claims that its van has a 26.3 miles/gallon (MPG) rating. An independent testing firm has been contracted to test the MPG for this van since it is believed that the van has an incorrect manufacturer's MPG rating. After testing 250 vans, they found a mean MPG of 26.7. Assume the variance is known to be 6.76. A level of significance of 0.1 will be used. State the hypotheses. Ho: Ha:
An automobile manufacturer claims that its van has a 38.4 miles/gallon (MPG) rating. An independent testing...
An automobile manufacturer claims that its van has a 38.4 miles/gallon (MPG) rating. An independent testing firm has been contracted to test the MPG for this van since it is believed that the van has an incorrect manufacturer's MPG rating. After testing 240 vans, they found a mean MPG of 38.1. Assume the standard deviation is known to be 2.0. A level of significance of 0.05 will be used. Find the value of the test statistic. Round your answer to...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT