Questions from Business Statistics


Q: A manufacturer ships toasters in cartons of 20. In each carton

A manufacturer ships toasters in cartons of 20. In each carton, they estimate a 5% chance that one of the toasters will need to be sent back for minor repairs. What is the probability that in a carton...

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Q: A soccer team estimates that they will score on 8% of

A soccer team estimates that they will score on 8% of the corner kicks. In next week game, the team hopes to kick 15 corner kicks. What are the chances that they will score on 2 of those opportunities...

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Q: In a batch of 10,000 toasters, what are the

In a batch of 10,000 toasters, what are the chances that fewer than 450 need to be returned?

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Q: If this team has 200 corner kicks over the season, what

If this team has 200 corner kicks over the season, what are the chances that they score more than 22 times?

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Q: A car dealership sells an average of 5 cars in a day

A car dealership sells an average of 5 cars in a day. Using the Poisson model, what is the probability that the dealer sells 3 cars tomorrow?

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Q: A large hospital has an average of 7 fatalities in a week

A large hospital has an average of 7 fatalities in a week. Using the Poisson model, what is the probability that this week it has 10 fatalities?

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Q: A cable provider wants to contact customers in a particular telephone exchange

A cable provider wants to contact customers in a particular telephone exchange to see how satisfied they are with the new digital TV service the company has provided. All numbers are in the 452 exchan...

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Q: An investment company is planning to upgrade the mobile access to their

An investment company is planning to upgrade the mobile access to their website, but they’d like to know the proportion of their customers who access it from their smartphones. They draw a random samp...

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Q: Shown below are the histogram and summary statistics for the number of

Shown below are the histogram and summary statistics for the number of camp sites at public parks in Vermont: 1. Which statistics would you use to identify the center and spread of this distribution?...

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Q: The automatic character recognition device discussed in Exercise 4 successfully reads about

The automatic character recognition device discussed in Exercise 4 successfully reads about 85% of handwritten credit card applications. In Exercise 4, you looked at the histograms showing distributio...

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