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In the following Exam of Business Management, the examiner has asked the following queries from the students : Components, Product, Probability, Weight, Independent, Assum, Least, Solution, Student, Size
Typology: Exams
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P r(A, B, C all last for at least a year) = P r(A lasts for at least a year AND B lasts for at least a year AND C lasts for at least a year) = P r(A lasts for at least a year) × P r(B lasts for at least a year) × P r(C lasts for at least a year)
assuming the components fail independently, and so
P r(A, B, C all last for at least a year) = 0. 98 × 0. 99 × 0 .95 = 0. 92169.
(b)
P r(product is returned for a refund) = 1 − P r(product is not returned for a refund) = 1 − P r(A, B, C all last for at least a year) = 1 − 0. 92169 = 0. 07831.
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(b) There are 6 students with weights greater than 70kg. So the probability that the stu- dent’s weight is greater than 70kg. is
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(c) There are 4 students with weights greater than 70kg. and shoe-sizes greater than 8. So the probability of choosing such a student is
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(d) There are 8 students with weights greater than 70kg. or shoe-sizes greater than 8. So the probability of choosing such a student is
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