Assignment+Two+Part+One+Fall2019.doc - JOHN CARROLL...

This preview shows page 1 - 2 out of 6 pages.

JOHN CARROLL UNIVERSITYDEPARTMENT OF ECONOMICS AND FINANCEASSIGNMENT TWONAME __________________FALL 2019PART ONE: PROBLEMS. Please do all parts of all problems. Points distributedas noted. Partial credit is possible.1. A manager has 10 research projects to assign to either engineer #1 orengineer #2. Each engineer is equally likely to receive any project. If each projectis randomly assigned to either one of these two engineers, what is the probabilitya. that engineer #1 will be assigned no more than 5 research projects? (5 pts)b. that engineer #2 will have exactly 7 research projects? (5 pts)c. that both engineers will have no research projects? (3 pts)2. Ten employees are being reviewed for promotion. Four of the employees arefemales. If each employee is equally likely to get promoted, what is theprobability that two females and three males will be promoted, if a total of fivepromotions are given? (8 pts)

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 6 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
andrew welik
Tags
Normal Distribution, Probability theory, probability density function, Cumulative distribution function

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture