Examlex

Solved

TABLE 6-7 A Company Has 125 Personal Computers. the Probability That Any

question 58

Short Answer

TABLE 6-7
A company has 125 personal computers. The probability that any one of them will require repair on a given day is 0.15.
-Referring to Table 6-7 and assuming that the number of computers that requires repair on a given day follows a binomial distribution, compute the probability that there will be more than 25 but less than 30 computers that require repair on a given day using a normal approximation.


Definitions:

Material A

A placeholder term often used to refer to a specific type of raw material used in manufacturing or production processes.

Direct Materials

Raw materials that can be directly attributed to the production of specific goods or services.

Production

The process of creating goods or services by combining labor, materials, and technology.

Dollar Amount

The total value of something expressed in dollars.

Related Questions