Statistics for Business and Economics (13th Edition)
13th Edition
ISBN: 9780134506593
Author: James T. McClave, P. George Benson, Terry Sincich
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Textbook Question
Chapter 3.1, Problem 3.11ACB
Colors of M&M’s candies. When they were first produced in 1940, M&M’s Plain Chocolate Candies came in only a brown color. Today, M&M's in standard bags come in six colors: brown, yellow, red, blue, orange, and green. According to Mars Corporation, today 24% of all M&M's produced are blue, 20% are orange, 16% are green, 14% are yellow, 13% are brown, and 13% are red. Suppose you purchase a randomly selected bag of M&M's Plain Chocolate Candies and randomly select one of the M&M’s from the bag. The color of the selected M&M is of interest.
- a. Identify the outcomes (sample points) of this experiment.
- b. Assign reasonable probabilities to the outcomes, part a.
- c. What is the
probability that the selected M&M is brown (the original color)? - d. In 1960, the colors red, green, and yellow were added to brown M&Ms. What is the probability that the selected M&M is either red, green, or yellow?
- e. In 1995, based on voting by American consumers, the color blue was added to the M&M mix. What is the probability that the selected M&M is not blue?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
You are a consultant to the marketing department of a business preparing to launch an ad campaign for a new product
Evertight, a leading manufacturer of quality nails, produces 1-, 2-, 3-, 4-, and 5-inch nails for
various uses. In the production process, if there is an over- run or the nails are slightly defective,
they are placed in a common bin. Yesterday, 651 of the 1-inch nails, 243 of the 2-inch nails, 41
of the 3-inch nails, 451 of the 4-inch nails, and 333 of the 5-inch nails were placed in the bin.
(a) What is the probability of reaching into the bin and getting a 4-inch nail?
(b) What is the probability of getting a 5-inch nail?
(d) If an application requires a nail that is 3 inches or 4 inches, what is the probability of getting
a nail from the common bin that will satisfy this requirement?
(e) If an application requires a nail that is 2 inches or longer, what is the probability of getting a
nail from the common bin that will satisfy this requirement?
QOCH.B
The number of cell phones per 100 residents in countries in Europe is given in Table #1 for the year 2010. The number of cell phones per 100 residents in countries of the Americas is given in Table #2 also for the year 2010 ("Population reference bureau," 2013).
Table #1: Number of Cell Phones per 100 Residents in Europe
100
76
100
130
75
84
112
84
138
133
118
134
126
188
129
93
64
128
124
122
109
121
127
152
96
63
99
95
151
147
123
95
67
67
118
125
110
115
140
115
141
77
98
102
102
112
118
118
54
23
121
126
47
Table #2: Number of Cell Phones per 100 Residents in the Americas
158
117
106
159
53
50
78
66
88
92
42
3
150
72
86
113
50
58
70
109
37
32
85
101
75
69
55
115
95
73
86
157
100
119
81
113
87
105
96
Let μ1 = mean number of cell phones…
Chapter 3 Solutions
Statistics for Business and Economics (13th Edition)
Ch. 3.1 - An experiment results in one of the following...Ch. 3.1 - The diagram below describes the sample space of a...Ch. 3.1 - The sample space for an experiment contains five...Ch. 3.1 - Compute each of the following: a. (94) b. (72) c....Ch. 3.1 - Compute the number of ways you can select n...Ch. 3.1 - Two fair dice are tossed, and the face on each die...Ch. 3.1 - Two marbles are drawn at random and without...Ch. 3.1 - Use the applet Simulating the Probability of...Ch. 3.1 - Use the applet Simulating the Probability of a...Ch. 3.1 - Cable TV subscriptions and "cord cutters." Refer...
Ch. 3.1 - Do social robots walk or roll? Refer to the...Ch. 3.1 - Colors of MMs candies. When they were first...Ch. 3.1 - Male nannies. In a survey conducted by the...Ch. 3.1 - Working on summer vacation. Is summer vacation a...Ch. 3.1 - Mobile access to social media. The Marketing...Ch. 3.1 - Performance-based logistics. Refer to the Journal...Ch. 3.1 - Who prepares your tax return? As part of a study...Ch. 3.1 - Consumer recycling behavior. Refer to the Journal...Ch. 3.1 - Museum management. Refer to the Museum Management...Ch. 3.1 - USDA chicken inspection. The U.S. Department of...Ch. 3.1 - Jamming attacks on wireless networks. Refer to the...Ch. 3.1 - Randomization in a study of TV commercials....Ch. 3.1 - Jai-alai bets. The Quinella bet at the paramutual...Ch. 3.1 - Investing in stocks. From a list of 15 preferred...Ch. 3.1 - Highest-rated car brands. Consumer Reports 2015...Ch. 3.1 - Volkswagen emissions scandal. Refer to the...Ch. 3.1 - Drug testing of firefighters. Hillsborough County...Ch. 3.1 - Odds of winning a race. Handicappers for greyhound...Ch. 3.1 - Lead bullets as forensic evidence. Chance (Summer...Ch. 3.1 - Making your vote count. Democratic and Republican...Ch. 3.4 - Suppose P (A) = A, P(B) = 7, and P (A B) = 3....Ch. 3.4 - A fair coin is tossed three times, and the events...Ch. 3.4 - A pair of fair dice is tossed. Define the...Ch. 3.4 - Consider the Venn diagram below, where P(E1) =...Ch. 3.4 - Consider the Venn diagram in the next column,...Ch. 3.4 - Prob. 3.35LMCh. 3.4 - Prob. 3.36LMCh. 3.4 - Use the applets Simulating the Probability of...Ch. 3.4 - Prob. 3.4AECh. 3.4 - Do social robots walk or roll? Refer to the...Ch. 3.4 - Firefighter glove sizing. Human Factors (December...Ch. 3.4 - Study of analysts' forecasts. The Journal of...Ch. 3.4 - Problems at major companies The Organization...Ch. 3.4 - Scanning errors at Walmart. The National Institute...Ch. 3.4 - Social networking Web sites in the United Kingdom....Ch. 3.4 - Paying monthly bills online. Do most people pay...Ch. 3.4 - Fuzzy logic in supply chain management. A branch...Ch. 3.4 - Study of why EMS workers leave the job. An...Ch. 3.4 - Stock market participation and IQ. The Journal of...Ch. 3.4 - Cell phone handoff behavior. A "handoff' is a term...Ch. 3.4 - Guilt in decision making. The effect of guilt...Ch. 3.4 - Likelihood of a tax return audit. At the beginning...Ch. 3.4 - Prob. 3.50ACACh. 3.4 - Encoding variability in software. At the 2012 Gulf...Ch. 3.6 - For two events, A and B, P (A) .4, P (B) .2, and...Ch. 3.6 - For two events, A and B, P (A) = .4, P (B) = .2,...Ch. 3.6 - An experiment results in one of three mutually...Ch. 3.6 - For two independent events, A and B, P (A) = .4...Ch. 3.6 - Two fair coins are tossed, and the following...Ch. 3.6 - Consider the experiment depicted by the Venn...Ch. 3.6 - Two fair dice are tossed, and the following events...Ch. 3.6 - A sample space contains six sample points and...Ch. 3.6 - Use the applet Simulating the Probability of...Ch. 3.6 - On-the-job arrogance and task performance. Human...Ch. 3.6 - World's largest public companies. Forbes (May 6,...Ch. 3.6 - Guilt in decision making. Refer to the Journal of...Ch. 3.6 - Blood diamonds. According to Global Research News...Ch. 3.6 - Do social robots walk or roll? Refer to the...Ch. 3.6 - Shopping with a smartphone. Each year, United...Ch. 3.6 - Identity theft victims. According to The National...Ch. 3.6 - Study of why EMS workers leave the job. Refer to...Ch. 3.6 - Working on summer vacation. Refer to the Harris...Ch. 3.6 - Stock market participation and IQ. Refer to The...Ch. 3.6 - Prob. 3.70ACICh. 3.6 - Ambulance response time. Geographical Analysis...Ch. 3.6 - Working mothers with children. The U S Census...Ch. 3.6 - Firefighters' use of gas detection devices. Two...Ch. 3.6 - Wine quality and soil. The Journal of Wine...Ch. 3.6 - Are you really being served red snapper? Red...Ch. 3.6 - Random shuffling of songs on Spotify. Spotify is a...Ch. 3.6 - Forensic evidence in a criminal court case. In our...Ch. 3.6 - Prob. 3.78ACACh. 3.6 - Prob. 3.79ACACh. 3.6 - Encryption systems with erroneous ciphertexts. In...Ch. 3.7 - Suppose the events B1 and B2 are mutually...Ch. 3.7 - Prob. 3.82LMCh. 3.7 - Prob. 3.83LMCh. 3.7 - Confidence of feedback information for improving...Ch. 3.7 - Fingerprint expertise. A study published in...Ch. 3.7 - Tests for Down syndrome. Currently, there are...Ch. 3.7 - Fish contaminated by a plants toxic discharge....Ch. 3.7 - Errors in estimating job costs. A construction...Ch. 3.7 - Mining for dolomite. Dolomite is a valuable...Ch. 3.7 - Nondestructive evaluation. Nondestructive...Ch. 3.7 - Drug testing in the workplace. In Canada, the...Ch. 3.7 - Intrusion detection systems. The Journal of...Ch. 3.7 - Forensic analysis of JFK assassination bullets....Ch. 3 - Which of the following pairs of events are...Ch. 3 - A sample space consists of four sample points,...Ch. 3 - For two events A and B, suppose P (A) = .7, P (B)...Ch. 3 - A and B are mutually exclusive events, with P (A)...Ch. 3 - Two events, A and B , are independent, with P (A) ...Ch. 3 - Prob. 3.99LMCh. 3 - Prob. 3.100LMCh. 3 - The Venn diagram below illustrates a sample space...Ch. 3 - Use the applet entitled Random Numbers to generate...Ch. 3 - Find the numerical value of a. 6! b. (109) c....Ch. 3 - Management system failures. Refer to the Process...Ch. 3 - Workers unscheduled absence survey. Each year CCH,...Ch. 3 - Ownership of small businesses. According to the...Ch. 3 - Condition of public school facilities. The...Ch. 3 - New car crash tests. Refer to the National Highway...Ch. 3 - Speeding linked to fatal car crashes. According to...Ch. 3 - Choosing portable grill displays. Consider a study...Ch. 3 - Inactive oil and gas structures. U.S. federal...Ch. 3 - Is a product green? A green product (e.g., a...Ch. 3 - Monitoring quality of power equipment. Mechanical...Ch. 3 - Appeals of federal civil trials. The Journal of...Ch. 3 - Characteristics of a new product. The long-run...Ch. 3 - Testing a watch manufacturers claim. A...Ch. 3 - Ranking razor blades. The corporations in the...Ch. 3 - Reliability of gas station air gauges. Tire and...Ch. 3 - Which events are independent? Use your intuitive...Ch. 3 - Home modifications for wheelchair users. The...Ch. 3 - World Cup soccer match draws. Every 4 years the...Ch. 3 - Chance of an Avon sale. The probability that an...Ch. 3 - Drug testing in athletes. When Olympic athletes...Ch. 3 - Profile of a sustainable farmer. Sustainable...Ch. 3 - Evaluating the performance of quality inspectors....Ch. 3 - Using game simulation to teach a course. In...Ch. 3 - Patient medical instruction sheets. Physicians and...Ch. 3 - Detecting traces of TNT. University of Florida...Ch. 3 - The three-dice gambling problem. According to...Ch. 3 - Scrap rate of machine parts. A press produces...Ch. 3 - Chance of winning at craps. A version of the dice...Ch. 3 - Chance of winning blackjack. Blackjack, a favorite...Ch. 3 - Software defects in NASA spacecraft instrument...Ch. 3 - Lets Make a Deal. Marilyn vos Savant, who is...Ch. 3 - Flawed Pentium computer chip. In October 1994, a...Ch. 3 - Exit polls are conducted in selected locations as...Ch. 3 - Define events A and B as follows: A: {Purchase...Ch. 3 - Now define events A and B in this manner: A:...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- What was Charlie's mistake?arrow_forwardQOCH.C The number of cell phones per 100 residents in countries in Europe is given in Table #1 for the year 2010. The number of cell phones per 100 residents in countries of the Americas is given in Table #2 also for the year 2010 ("Population reference bureau," 2013). Table #1: Number of Cell Phones per 100 Residents in Europe 100 76 100 130 75 84 112 84 138 133 118 134 126 188 129 93 64 128 124 122 109 121 127 152 96 63 99 95 151 147 123 95 67 67 118 125 110 115 140 115 141 77 98 102 102 112 118 118 54 23 121 126 47 Table #2: Number of Cell Phones per 100 Residents in the Americas 158 117 106 159 53 50 78 66 88 92 42 3 150 72 86 113 50 58 70 109 37 32 85 101 75 69 55 115 95 73 86 157 100 119 81 113 87 105 96 Let μ1 = mean number of cell phones…arrow_forwardQOCH.A The number of cell phones per 100 residents in countries in Europe is given in Table #1 for the year 2010. The number of cell phones per 100 residents in countries of the Americas is given in Table #2 also for the year 2010 ("Population reference bureau," 2013). Table #1: Number of Cell Phones per 100 Residents in Europe 100 76 100 130 75 84 112 84 138 133 118 134 126 188 129 93 64 128 124 122 109 121 127 152 96 63 99 95 151 147 123 95 67 67 118 125 110 115 140 115 141 77 98 102 102 112 118 118 54 23 121 126 47 Table #2: Number of Cell Phones per 100 Residents in the Americas 158 117 106 159 53 50 78 66 88 92 42 3 150 72 86 113 50 58 70 109 37 32 85 101 75 69 55 115 95 73 86 157 100 119 81 113 87 105 96 Let μ1 = mean number of cell phones…arrow_forward
- Dr. Barton hypothesizes that if 1st grade students are assigned to practice sight word flashcards for 10 minutes every day for their first semester, they will end up reading more books in their second semester. She creates two groups of 25 students each and gives each group the same sight word flashcards. Group A is assigned to practice with the flashcards for 10 minutes every day for their first semester. Group B is not given this assignment. Each group is tasked with keeping a reading log during their second semester. At the end of 1st grade, Dr. Barton counts how many books each group has read. Group A read 68 books, and Group B read 92 books. The control group is: The independent variable is: The dependent variable is: This study shows that there is a positive correlation between 10 minutes of daily flashcard practice of sight words and the amount of books read. T/F This study is an example of descriptive research. T/Farrow_forwardOne common system for computing a grade point average (GPA) assigns 4 points to an A, 3 points to a B, 2 points to a C, 1 point to a D, and 0 points to an F. What is the GPA of a student who gets an A in a 3-creditcourse, a B in each of two2-creditcourses, a C in a 4-credit course, and a D in a 3-3-credit course?arrow_forwardSuppose that a region has two hospitals. Hospital A has about 10 births per day, and hospital B has about 50 births per day. About 50% of all babies are boys, but the percentage who are boys varies at each hospital from day to day. Over the course of a year, which hospital will have more days on which 60% or more of the births are boys? The smaller Hospital A, the larger B, or will Hospital A and B have nearly the same number of days?arrow_forward
- The amount of contaminants that are allowed in food products is determined by the FDA (Food and Drug Administration). Common contaminants in cow milk include feces, blood, hormones, and antibiotics. Suppose you work for the FDA and are told that the current amount of somatic cells (common name "pus") in 1 cc of cow milk is currently 750,000 (note: this is the actual allowed amount in the US!). You are also told the standard deviation is 62000 cells. The FDA then tasks you with checking to see if this is accurate. You collect a random sample of 45 specimens (1 cc each) which results in a sample mean of 762004 pus cells. Use this sample data to create a sampling distribution. Assume that the population mean is equal to the FDA's legal limit and see what the probability is for getting your random sample. a. Why is the sampling distribution approximately normal? b. What is the mean of the sampling distribution? c. What is the standard deviation of the sampling distribution? d. Assuming…arrow_forward2. у%3х-3 у %3D 8х - 31arrow_forwardI. Write P if it is a primary source and S if it is a secondary source. There is a price adjustment on our electric bill according to the latest news. * Students of BS-Biology gathered important features of their research from the data published in the newspapers. * A weatherman reports the development of a typhoon signal in the affected area. A student of BS Psychology is directly observing the behavior of patients with depression. *arrow_forward
- Zaphod Beeblebrox is mixing drinks that contain three ingredients: Ol' Janx Spirit (ingredient A), water from the seas of Santraginus V (ingredient B) and Arcturan Mega-gin (ingredient C). On his shelf he has three mixtures M1, M2 and M3 containing ingredients A, B and C. The table below is showing the amounts in decilitres of ingredients A, B and C that are contained in 11 of each of the mixtures (11=10dcl). M1 M2 M3 ingredient A 3 ingredient B 3 4 1 ingredient C 5 3 (a) Zaphod made a new mixture using 31 of M1, 21 of M2 and 11 of M3. Determine the amount of each type of ingredient in this mixture. (b) A recipe for Pan Galactic Gargle Blaster requires a mixture that contains 2dcl of ingredient A, 3dcl of ingredient B and 5dcl of ingredient C. Zaphod wants to prepare it using mixtures M1, M2 and M3. What is the minimal and what is the maximal amount of mixture M3 that he can use?arrow_forwardYou manage a team of 4 employees. The entire team is responsible for completing 4 projects on time. The time to complete the task is 4 weeks, and this is the time needed and is based on a 56-hour work week for each team member. Each team member will work 7 days a week, since this is a priority project and, must be completed on time. The names of the 4 team members are A, B, C, and D. Based on historical data, at least 1 of the 4 team members calls in sick at least (and only) 1 time per week. Based on this information, what is the probability that the project will be completed on time? If the probability of the project not being completed on time is > 0, what will you do to ensure that the project will be completed on time? What AI systems would you put in place to ensure that you can complete current and future projects? You are to select a strategy that is most feasible and you must justify your answer and provide an analysis.arrow_forwardDr. Lillian Fok, a New Orleans psychologist, specializes in treating patients who are agoraphobic (i.e., afraid to leave their homes). The following table indicates how many patients Dr. Fok has seen each year for the past 10 years. It also indicates what the robbery rate was in New Orleans during the same year: Year Number of Patients Robbery Rate per 1,000 Population 1 2 3 4 5 37 33 40 40 42 57.8 61.1 72.6 76.1 78.5 6 7 8 9 54 60 55 58 89.0 101.5 94.8 104.1 ŷ=+x The simple linear regression equation that shows the best relationship between the number of patients and the robbery rate is (round your responses to three decimal places): 10 61 115.6 where y Number of Patients and x = Robbery Rate. In year 11, if the robbery rate increases to 133.40, using trend analysis, the number of patients Dr. Fok will see = patients (round your response to two decimal places). In year 11, if the robbery rate decreases to 90.6, using trend analysis, the number of patients Dr. Fok will see = patients…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Linear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage Learning
Linear Algebra: A Modern Introduction
Algebra
ISBN:9781285463247
Author:David Poole
Publisher:Cengage Learning
Find number of persons in a part with 66 handshakes Combinations; Author: Anil Kumar;https://www.youtube.com/watch?v=33TgLi-wp3E;License: Standard YouTube License, CC-BY
Discrete Math 6.3.1 Permutations and Combinations; Author: Kimberly Brehm;https://www.youtube.com/watch?v=J1m9sB5XZQc;License: Standard YouTube License, CC-BY
How to use permutations and combinations; Author: Mario's Math Tutoring;https://www.youtube.com/watch?v=NEGxh_D7yKU;License: Standard YouTube License, CC-BY
Permutations and Combinations | Counting | Don't Memorise; Author: Don't Memorise;https://www.youtube.com/watch?v=0NAASclUm4k;License: Standard Youtube License
Permutations and Combinations Tutorial; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=XJnIdRXUi7A;License: Standard YouTube License, CC-BY