Question 125 / 5 pointsA camera manufacturer just shipped a batch of 36 digital cameras to local retailers and seven of the camerashave a defective sensor. Cutler Electronics received eight of these digital cameras. What is the probability that three or four of the cameras shipped to Cutler are defective?
0.1649
0.23660.34170.4782
Question 135 / 5 pointsAccording to the Mortgage Bankers Association, 8% of U.S. mortgages were delinquent in 2011. A delinquent mortgage is one that has missed at least one payment but has not yet gone to foreclosure. A random sampleof eight mortgages was selected. What is the mean of this distribution?
Question 140 / 5 pointsA camera manufacturer just shipped a batch of 36 digital cameras to local retailers and seven of the camerashave a defective sensor. Cutler Electronics received eight of these digital cameras. What is the mean of this probability distribution?
Question 155 / 5 pointsAccording to the Deloitte EV Survey, 5% of respondents indicated that they would be willing to pay an extra $500 or more for an electric vehicle versus one with a gasoline engine. A random sample of 25 adults has been selected. Use the Poisson distribution to approximate the binomial distribution to determine the probability that more than two adults from this sample would be willing to pay an extra $500 or more for an electric vehicle versus one with a gasoline engine.
You've reached the end of your free preview.
Want to read all 6 pages?
- Spring '14
- BrianHeshizer
- Business, Normal Distribution, Poisson Distribution, Probability, Probability theory, Binomial distribution
