Probability and Statistics Problems with Solutions
Classified in Mathematics
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1) If a toy company is planning to introduce 3 new toys next Christmas. The toys sales can be a success or a failure, what is the probability that at least 2 of the toys are a success?
FFF FFS FSF FSS 4/8 = ½ = 0.5
S SFF SFS SSF SSS
For problems 2 and 3: a guitar manufacturer has an average daily production of 60 units, with a standard deviation of 7 units per day. If the guitar production distribution is mound shape:
2) What percentage of days in a month will have a daily production between 53 and 74 units?
53
3) What percentage of days in a month will have a daily production of more than 67 units?
x>67 = 16%
4) A combination lock system has three ten-digit (0 to 9) number wheels side by side. How many four-digit opening numbers are possible if... Continue reading "Probability and Statistics Problems with Solutions" »