What Type of Probability Distribution Will Most Likely Be Used

question 81

Multiple Choice

What type of probability distribution will most likely be used to analyze the number of cars with defective radios in the following problem? From an inventory of 48 new cars being shipped to local dealerships,corporate reports indicate that 12 have defective radios installed.The sales manager of one dealership wants to predict the probability out of the 8 new cars it just received that,when each is tested,no more than 2 of the cars have defective radios.

• A)binomial distribution.
• B)Poisson distribution.
• C)hypergeometric distribution.
• D)none of the above.

Recognize the importance of emotional intelligence and its impact on personal well-being.

Identify factors contributing to psychological disorders, including genetic, environmental, and biological influences.

Appreciate the complexity of diagnosing and understanding psychological disorders through a biopsychosocial approach.

Understand the role of neurotransmitters and brain activity in the manifestation of psychological disorders such as mania and antisocial behavior.

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Definitions:

Delivery Cycle Time

The total time taken from receiving a customer order to delivering the finished product to the customer, encompassing all stages of the order processing and production process.

Turnover

The rate at which inventory or assets of a business are replaced or sales are made over a specific period.

Margin

Generally refers to the difference between the selling price of a good or service and its cost, expressed as a percentage of the selling price.

Residual Income

The income that remains after deducting all required costs of capital from operating income, used as a measure of profitability.