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- Kentville, a community of 10,000 people, resides next to a krypton mine, and there is a concern that the emission from the krypton smelter have resulted in adverse effects. Specifically, Kryptonosis seems to have killed 12 of Kentville’s inhabitants last year. A neighboring community, Lanesburg, has 25,000 inhabitants and is far enough from the smelter to not be affected by the emission. In Lanesburg, only three people last year died of Kryptonosis. Given that the number of deaths in Kentville and their causes last year were: Heart attack=7 Accidents=4 Kryptonosis=12 Other=6 What is the risk of dying of Kryptonosis in Kentville relative to non-contaminated locality?What is the risk of dying of Kryptonosis in Kentville relative to deaths due to other causes? How many times the chance of dying of Kryptonosis compared to dying of accidents ? How many times the chance of dying of Kryptonosis compared to Other causes?An aircraft emergency locator transmitter (ELT) is a device designed to transmit a signal in the case of a crash. The Altigauge Manufacturing Company makes 80% of the ELTS, the Bryant Company makes 15% of them, and the Chartair Company makes the other 5%. The ELTS made by Altigauge have a 4% rate of defects, the Bryant ELTS have a 6% rate of defects, and the Chartair ELTS have a 9% rate of defects (which helps to explain why Chartair has the lowest market share). i) If an ELT is randomly selected from the general population of all ELTS, find the probability that it was made by the Altigauge Manufacturing Company. If a randomly selected ELT is then tested and is found to be ii) defective, find the probability that it was made by the Altigauge Manufacturing Company.Indiana has a population of about 7 million people and Ohio about 12 million. Is it possible for there to be a poll where over 50% of Hoosiers say "yes", over 50% of Ohioans say "yes", but over 50% of all residents of both states say "no"? If no, explain why not. If yes, give an example of how that could happen.
- An aircraft emergency locator transmitter (ELT) is a device designed to transmit a signal in the case of a crash. The Altigauge Manufacturing Company makes 80% of the ELTS, the Bryant Company makes 15% of them, and the Chartair Company makes the other 5%. The ELTS made by Altigauge have a 4% rate of defects, the Bryant ELTS have a 6% rate of defects, and the Chartair ELTS have a 9% rate of defects (which helps to explain why Chartair has the lowest market share). a. If an ELT is randomly selected from the general population of all ELTS, find the probability that it was made by the Altigauge Manufacturing Company. b. If a randomly selected ELT is then tested and is found to be defective, find the probability that it was made by the Altigauge Manufacturing Company. c. What is the probablity that a randomly selected ELT is defective?You're a quality engineer at Norman's fouth largest cracker factory. where there are two production lines (A, which produces 20% of cracker boxes, and B which produces the rest). If a line produces more than one defective box in an eight -hour day, a maintenance check on the line is performed. Line A produces an average of 0.061 box defects PER Hour. Given that you're only looking at a line A, what is the probability that you will need a request a maitenance check.Two professors at a nearby university want to co-author a new textbook in either economics or statistics. They feel that if they write an economics book they have a 50% chance of placing it with a major publisher where it should ultimately sell about 40,000 copies. If they can’t get a major publisher to take it, then they feel they have an 80% chance of placing it with a smaller publisher, with sales of 30,000 copies. On the other hand if they write a statistics book, they feel they have a 40% chance of placing it with a major publisher, and it should result in ultimate sales of about 50,000 copies. If they can’t get a major publisher to take it, they feel they have a 50% chance of placing it with a smaller publisher, with ultimate sales of 35,000 copies. What is the probability that the economics book would wind up being placed with a smaller publisher?
- You survey college bound and find that 85% plan to liv eon campus, 35% plan to have a car while at campus and 5% plan to live off campus and not have a car. Is there an association between living on campus and having a car at college?Consider two types of home insurance: theft insurance and carthquake insurance. Each year there is a 1% chance that the home will be robbed and a 1% chance that the home will be damaged by an canhquake. Suppose an insurance company writes 100,000 policies of each type for homeowners. The risk of earthquake is a type of common risk, while the risk of theft is independent across households. At the beginning of the year, the homeowner expects 1% chance of placing a claim for either type of insurance. However, at the end of the year, the homeowner will have either filled a claim (100%) or not (0%). The standard deviation (expressed in percentage terms) of the claim for an individual homeowner in case of earthquake is kype your answer The standard deviation (expressed in percentage terms) of the claim for an individual homeowner in case of theft is type your answer. The standard deviation (expressed in percentage terms) of the percentage of claims for the insurance company in case of…