Question

In: Statistics and Probability

The firearms manufacturer that sells its firearms to the local sheriff’s department has 2000 used firearms...

The firearms manufacturer that sells its firearms to the local sheriff’s department has 2000 used firearms to sell. Each used firearm has a 13% probability of needing major mechanical repairs. You randomly select 600 firearms for potential purchase.

What is the likelihood that 39 firearms will need major mechanical repairs? [Show your work]

What is the likelihood that all the firearms will work? [Show your work]

What is the likelihood that all the firearms will need major mechanical repairs? [Show your work]

Solutions

Expert Solution

Please find the answer as given below:

Given:

Probability that firearm need major mechanical repair = 0.13

Probability that firearm not need major mechanical repair =1 - 0.13 = 0.87

In given problem we have only two possible outcomes:

firearm need major mechanical repair and firearm not need major mechanical repair .

If we have only two possible outcomes then we use Binomial probability distribution to find out probability.

Formula for Binomial probability distribution:

P(X) =     

Where,

n = fixed number of trials,

x= total number of success out of n trials.

p = Probability of success

q = probability of failure.

p + q = 1, p and q are always between 0 to 1.

In binomial trial only two outcomes are possible. Success and failure.

Probability of success + Probability of failure = 1.

Solution 1)

Given: n = 600 , x = 39 , p = 0.13 and q = 1- p   = 1-0.13 = 0.87 ; q= 0.87

Put these values in binomial distribution formula:

P(X = 39 )

                                                                              Formula for combination nx =

=! *

= 0.000001 that is approximately zero.

Conclusion: probability of 39 firearm need to repair is zero.

Answer 2)

Given: n = 600 , x = 600 , p = 0.87 and q = 1- p   = 1-0.87 = 0.13 ; q= 0.13

Put these values in binomial distribution formula:

P(X = 600 )

                                                                              Formula for combination nx = n!x!n-x!

= *(

= 0.000 that is zero.

Conclusion: probability of 600 firearm need not to repair is zero.

Answer 3)

Given: n = 600 , x = 600 , p = 0.13 and q = 1- p   = 1-0.13 = 0.87 ; q= 0.87

Put these values in binomial distribution formula:

P(X = 600 )

                                                                              Formula for combination nx = n!x!n-x!

= *

= 0.000 that is zero.

Conclusion: probability of 600 firearm need to repair is zero.


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