Homework Help is Here – Start Your Trial Now!
Math
Probability
and bubble wrap from four different suppliers, each of the suppliers represent 2 e of the boxes and bubble wrap you received are poor in quality and not 1 You would like to investigate which suppliers that supply good items and which table below, generate randomly value Al to A4 and B1 to B4 from 0 to 1 in de on the values generated, determine what is the value of A’l to A’4 and B’1 to B’4 Table 1: Condition of box and bubble wrap for Company – Company 4 -plier Percentage Item A: BOX Item B: BUBBLE WRAP of supply Good Not Good Good Not Good

and bubble wrap from four different suppliers, each of the suppliers represent 2 e of the boxes and bubble wrap you received are poor in quality and not 1 You would like to investigate which suppliers that supply good items and which table below, generate randomly value Al to A4 and B1 to B4 from 0 to 1 in de on the values generated, determine what is the value of A’l to A’4 and B’1 to B’4 Table 1: Condition of box and bubble wrap for Company – Company 4 -plier Percentage Item A: BOX Item B: BUBBLE WRAP of supply Good Not Good Good Not Good

A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
See similar textbooks
icon
Related questions
Question
You are running an online business that requires boxes and bubble wrap for postage purpose. Lets say you got the boxes and bubble wrap from four different suppliers, each of the suppliers represent 25% of your supply. Some of the boxes and bubble wrap you received are poor in quality and not meeting the specification. You would like to investigate which suppliers that supply good items and which are not. Based on the table below, generate randomly value Al to A4 and B1 to B4 from 0 to 1 in decimal form. Then, based on the values generated, determine what is the value of A’l to A'4 and B’1 to B'4. Table 1: Condition of box and bubble wrap for Company – Company 4 Supplier Percentage of supply Item A: BOX Item B: BUBBLE WRAP Good Not Good Good Not Good (%) Company 1 25 A1 A’ı B1 B'1 Company 2 25 A2 A'2 B2 B'2 Company 3 Company 4 25 Аз A'3 Вз B'3 25 A4 A'4 B4 B'4 i. Based on the data from Table 1, suppose that a box is in a poor-quality condition, calculate the probability it comes from each company. Based on the data from Table 1, suppose that a bubble wrap is in a poor-quality condition, calculate the probability it comes from each company. As a business owner, what will be your action following the findings in (ii) and (iii)? ii. iii.
Transcribed Image Text:You are running an online business that requires boxes and bubble wrap for postage purpose. Lets say you got the boxes and bubble wrap from four different suppliers, each of the suppliers represent 25% of your supply. Some of the boxes and bubble wrap you received are poor in quality and not meeting the specification. You would like to investigate which suppliers that supply good items and which are not. Based on the table below, generate randomly value Al to A4 and B1 to B4 from 0 to 1 in decimal form. Then, based on the values generated, determine what is the value of A’l to A'4 and B’1 to B'4. Table 1: Condition of box and bubble wrap for Company – Company 4 Supplier Percentage of supply Item A: BOX Item B: BUBBLE WRAP Good Not Good Good Not Good (%) Company 1 25 A1 A’ı B1 B'1 Company 2 25 A2 A'2 B2 B'2 Company 3 Company 4 25 Аз A'3 Вз B'3 25 A4 A'4 B4 B'4 i. Based on the data from Table 1, suppose that a box is in a poor-quality condition, calculate the probability it comes from each company. Based on the data from Table 1, suppose that a bubble wrap is in a poor-quality condition, calculate the probability it comes from each company. As a business owner, what will be your action following the findings in (ii) and (iii)? ii. iii.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON
SEE MORE TEXTBOOKS