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A computer network manager wants to test the reliability of some new and very expensive fiber-optic Ethernet cables that the computer department just received.The computer department received 7 boxes containing 50 cables each.The manager does not have the time to test every cable in each box,so the manager assigns a subordinate to do a census.How many cables will be sampled if the subordinate does a census?
Additional Information
This term refers to extra or supplementary data provided beyond what was originally given or required.
Stochastic Probability
Involves randomness and uncertainty, it is the probability approach used to model and predict outcomes in situations where exact outcomes are unpredictable.
Transitional Probability
Calculated as the proportion of employees, or the number of employees who have historically resided in a given employment state divided by the total number of employees in the job. The transitional probability of termination for a job that has 10 employees and historically has seen 2 leave every year is 2/10, or 20 percent.
Markov Model
A mathematical model that accounts for transitions from one state to another in a system, where the probability of each state depends only on the current state and not on the history of states.
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