Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260579611
Author: Douglas Lind; William Marchal; Samuel Wathen
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 5, Problem 87CE
a.
To determine
Find the overall percent defective.
b.
To determine
Find the probability that defective picture tube discovered in the latest shipment came from that Supplier T.
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Kentville, a community of 10,000 people, resides next to a krypton mine, and there is a concern that the emission from the krypton smelter have resulted in adverse effects. Specifically, Kryptonosis seems to have killed 12 of Kentville’s inhabitants last year. A neighboring community, Lanesburg, has 25,000 inhabitants and is far enough from the smelter to not be affected by the emission. In Lanesburg, only three people last year died of Kryptonosis. Given that the number of deaths in Kentville and their causes last year were: Heart attack=7 Accidents=4 Kryptonosis=12 Other=6
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A friend who lives in Los Angeles makes frequent consultingtrips to Washington, D.C.; 50% of the time shetravels on airline #1, 30% of the time on airline #2, and the remaining 20% of the time on airline #3. For airline#1, flights are late into D.C. 30% of the time and late intoL.A. 10% of the time. For airline #2, these percentagesare 25% and 20%, whereas for airline #3 the percentagesare 40% and 25%. If we learn that on a particular trip shearrived late at exactly one of the two destinations, whatare the posterior probabilities of having flown on airlines#1, #2, and #3? Assume that the chance of a late arrival inL.A. is unaffected by what happens on the flight to D.C.[Hint: From the tip of each first-generation branch on atree diagram, draw three second-generation brancheslabeled, respectively, 0 late, 1 late, and 2 late.]
An aircraft emergency locator transmitter (ELT) is a device designed to
transmit a signal in the case of a crash. The Altigauge Manufacturing
Company makes 80% of the ELTS, the Bryant Company makes 15% of
them, and the Chartair Company makes the other 5%. The ELTS made
by Altigauge have a 4% rate of defects, the Bryant ELTS have a 6% rate
of defects, and the Chartair ELTS have a 9% rate of defects (which helps
to explain why Chartair has the lowest market share).
i)
If an ELT is randomly selected from the general population
of all ELTS, find the probability that it was made by the
Altigauge Manufacturing Company.
If a randomly selected ELT is then tested and is found to be
ii)
defective, find the probability that it was made by the
Altigauge Manufacturing Company.
Chapter 5 Solutions
Statistical Techniques in Business and Economics
Ch. 5 - Prob. 1SRCh. 5 - One card will be randomly selected from a standard...Ch. 5 - Prob. 2.2SRCh. 5 - Prob. 2.3SRCh. 5 - Some people are in favor of reducing federal taxes...Ch. 5 - Prob. 2ECh. 5 - Prob. 3ECh. 5 - Prob. 4ECh. 5 - In each of the following cases, indicate whether...Ch. 5 - Prob. 6E
Ch. 5 - Prob. 7ECh. 5 - A sample of 2,000 licensed drivers revealed the...Ch. 5 - Bank of America customers select their own...Ch. 5 - Prob. 10ECh. 5 - Prob. 3SRCh. 5 - Prob. 4SRCh. 5 - Prob. 11ECh. 5 - Prob. 12ECh. 5 - Prob. 13ECh. 5 - The chair of the board of directors says, There is...Ch. 5 - Suppose the probability you will get an A in this...Ch. 5 - Two coins are tossed. If A is the event two heads...Ch. 5 - Prob. 17ECh. 5 - Prob. 18ECh. 5 - Prob. 19ECh. 5 - Prob. 20ECh. 5 - The aquarium at Sea Critters Depot contains 140...Ch. 5 - A National Park Service survey of visitors to the...Ch. 5 - From experience, Teton Tire knows the probability...Ch. 5 - The board of directors of Tarbell Industries...Ch. 5 - Refer to Table 51 on page 151 to find the...Ch. 5 - Consumers were surveyed on the relative number of...Ch. 5 - Prob. 23ECh. 5 - Prob. 24ECh. 5 - Prob. 25ECh. 5 - Prob. 26ECh. 5 - Prob. 27ECh. 5 - Prob. 28ECh. 5 - Prob. 29ECh. 5 - Prob. 30ECh. 5 - Prob. 31ECh. 5 - Prob. 32ECh. 5 - Prob. 9SRCh. 5 - Prob. 33ECh. 5 - Prob. 34ECh. 5 - Prob. 35ECh. 5 - Prob. 36ECh. 5 - The credit department of Lions Department Store in...Ch. 5 - Prob. 38ECh. 5 - Prob. 10.1SRCh. 5 - Prob. 10.2SRCh. 5 - Prob. 11.1SRCh. 5 - Prob. 11.2SRCh. 5 - Prob. 11.3SRCh. 5 - In a lottery game, three numbers are randomly...Ch. 5 - Prob. 39ECh. 5 - Prob. 40ECh. 5 - Prob. 41ECh. 5 - A telephone number consists of seven digits, the...Ch. 5 - An overnight express company must include five...Ch. 5 - A representative of the Environmental Protection...Ch. 5 - Sam Sneads restaurant in Conway, South Carolina,...Ch. 5 - A company is creating three new divisions and...Ch. 5 - The marketing research department at Pepsico plans...Ch. 5 - The number of times a particular event occurred in...Ch. 5 - The probability that the cause and the cure for...Ch. 5 - Berdines Chicken Factory has several stores in the...Ch. 5 - Prob. 51CECh. 5 - The first card selected from a standard 52-card...Ch. 5 - Prob. 53CECh. 5 - Refer to the following picture. a. What is the...Ch. 5 - Prob. 55CECh. 5 - Assume the likelihood that any flight on Delta...Ch. 5 - Prob. 57CECh. 5 - Prob. 58CECh. 5 - Prob. 59CECh. 5 - Prob. 60CECh. 5 - Prob. 61CECh. 5 - Forty percent of the homes constructed in the...Ch. 5 - Prob. 63CECh. 5 - Prob. 64CECh. 5 - Prob. 65CECh. 5 - Prob. 66CECh. 5 - Prob. 67CECh. 5 - Prob. 68CECh. 5 - Prob. 69CECh. 5 - An investor purchased 100 shares of Fifth Third...Ch. 5 - Flashner Marketing Research Inc. specializes in...Ch. 5 - Prob. 72CECh. 5 - Prob. 73CECh. 5 - Prob. 74CECh. 5 - Prob. 75CECh. 5 - Prob. 76CECh. 5 - Prob. 77CECh. 5 - Prob. 78CECh. 5 - Prob. 79CECh. 5 - Prob. 80CECh. 5 - Prob. 81CECh. 5 - Prob. 82CECh. 5 - Prob. 83CECh. 5 - Prob. 84CECh. 5 - Prob. 85CECh. 5 - Prob. 86CECh. 5 - Prob. 87CECh. 5 - ABC Auto Insurance classifies drivers as good,...Ch. 5 - Prob. 89CECh. 5 - The probability a D-Link network server is down is...Ch. 5 - Prob. 91CECh. 5 - Prob. 92DACh. 5 - Prob. 93DACh. 5 - Prob. 94DA
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- An aircraft emergency locator transmitter (ELT) is a device designed to transmit a signal in the case of a crash. The Altigauge Manufacturing Company makes 80% of the ELTS, the Bryant Company makes 15% of them, and the Chartair Company makes the other 5%. The ELTS made by Altigauge have a 4% rate of defects, the Bryant ELTS have a 6% rate of defects, and the Chartair ELTS have a 9% rate of defects (which helps to explain why Chartair has the lowest market share). a. If an ELT is randomly selected from the general population of all ELTS, find the probability that it was made by the Altigauge Manufacturing Company. b. If a randomly selected ELT is then tested and is found to be defective, find the probability that it was made by the Altigauge Manufacturing Company. c. What is the probablity that a randomly selected ELT is defective?arrow_forwardA car agency has offices in Phoenix, Denver, and Chicago. The agency allows one- or two-way rentals so that cars rented in one location may end up in another. Statistics show that at the end of each week 70% of all rentals are two-way. As for the one-way rentals: from Phoenix, 40% go to Denver, and the rest to Chicago; from Denver, 60% go to Chicago and the rest to Phoenix; from Chicago, 40% go to Denver and the rest to Phoenix; If the agency starts the week with 100 cars in each location, what will the distribution be like in two weeks (two-step transition probability matrix)?arrow_forward
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