Question

It is known that diskettes produced by a certain company will be defective with probability .01,...

It is known that diskettes produced by a certain company will be defective with probability .01, independently of each other. The company sells the diskettes in packages of size 10 and offers a money-back guarantee that at most 1 of the 10 diskettes in the package will be defective. The guarantee is that the customer can return the entire package of diskettes if he or she finds more than one defective diskette in it. A customer continues to buy a pack of diskettes until they come across a pack that is eligible for return. What is the probability that the customer would have to buy 20 or more packages until they get a package that is eligible for return?

Homework Answers

Answer #1

Probability that a product is defective=0.01

Probability that a product is not defective=0.99

Probability that at most 1 of the 10 diskettes in the package is defective=

p=

q=1-p=

Probability that the customer would have to buy 20 or more packages until they get a package that is eligible for return=

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Case 5.1 EuroWatch Company assembles expensive wristwatches and then sells them to retailers throughout Europe. The...
Case 5.1 EuroWatch Company assembles expensive wristwatches and then sells them to retailers throughout Europe. The watches are assembled at a plant with two assembly lines. These lines are intended to be identical, but line 1 uses somewhat older equipment than line 2 and is typically less reliable. Historical data have shown that each watch coming off line 1, independently of the others, is free of defects with probability 0.98. The similar probability for line 2 is 0.99. Each line...
A bank has developed a set of criteria for evaluating distressed credit of company. Companies that...
A bank has developed a set of criteria for evaluating distressed credit of company. Companies that passed the test will go bankrupt (non-survivor) with probability 0.4. There are 55% of the companies passed the test. The probability that a company did not pass the test will subsequently survive is 0.10 a. What is the probability that a random company will survive (not going to bankrupt)?      b. A random survived company is selected, what is the probability that company passed...
Question 1 Case A Marty Ofori worked for a card company specializing in invitations and announcements....
Question 1 Case A Marty Ofori worked for a card company specializing in invitations and announcements. Every day for 25 years, he went to an office, sat at a desk, and took orders over the phone. He hated it. He was bored out of his mind. He didn’t know what to do. So he began skimming the business opportunities section of The Mirror. He wasn’t sure what he was looking for. At almost 50 years of age, he had few...
DRIVING ARI FLEET MANAGEMENT WITH REAL-TIME ANALYTICS Automotive Resources International, better known as simple ARI, is...
DRIVING ARI FLEET MANAGEMENT WITH REAL-TIME ANALYTICS Automotive Resources International, better known as simple ARI, is the world's largest privately-held company for vehicle fleet management services. ARI is headquartered in Mt. Laurel, New Jersey and has 2,500 employees and offices throughout North America, Europe, the UK and Hong Kong. The company manages more than 1,000,000 vehicles in the US, Canada, Mexico, Puerto Rico and Europe. Businesses that need vehicles for shipments (trucks, vans, cars, ships, and rail cars) may choose...
In about 300 words, write an essay analyzing the below case study using the SWOT framework....
In about 300 words, write an essay analyzing the below case study using the SWOT framework. Johnson & Johnson Consumer Products, INC. Johnson & Johnson is a household name in baby-care as well as medical products. Nearly every family in the United States has in its house at least one product made by this company. Founded in 1885, Johnson & Johnson is currently an international enterprise, with 170 affiliated companies in fifty-five countries. J&J enjoys a reputation for high-quality products...
GoodClothes and MIS: Case from struggle to revamp Headquartered in Dubai, GoodClothes is a highly successful...
GoodClothes and MIS: Case from struggle to revamp Headquartered in Dubai, GoodClothes is a highly successful department retailer offering completely designed casual clothing and accessories. The company operates 10 stores in all seven emirates and 1 store in Al Ain. The company owns 6 stores and franchises 5. For some time, marketing managers targeted population between the ages 40 and 60 who like loose, comfortable clothes. Then, management was tempted to stock its stores with clothes for a younger population...
Question 1 2 pts Let x represent the height of first graders in a class. This...
Question 1 2 pts Let x represent the height of first graders in a class. This would be considered what type of variable: Nonsensical Lagging Continuous Discrete Flag this Question Question 2 2 pts Let x represent the height of corn in Oklahoma. This would be considered what type of variable: Discrete Inferential Distributed Continuous Flag this Question Question 3 2 pts Consider the following table. Age Group Frequency 18-29 9831 30-39 7845 40-49 6869 50-59 6323 60-69 5410 70...
IKEA’s Global Strategy Walk into an IKEA store anywhere in the world, and you would recognize...
IKEA’s Global Strategy Walk into an IKEA store anywhere in the world, and you would recognize it instantly. Global strategy standardization is rampant! The warehouse-type stores all sell the same broad range of affordable home furnishings, kitchens, accessories, and food. Most of the products are instantly recognizable as IKEA merchandise, with their clean yet tasteful lines and functional design. With a heritage from Sweden (IKEA was founded in 1943 as a mail-order company, and the first store opened in Sweden...
Chick-fil-A is dominating the U.S. fast-food market. Whereas McDonald’s, Subway, Burger King, and Taco Bell trudge...
Chick-fil-A is dominating the U.S. fast-food market. Whereas McDonald’s, Subway, Burger King, and Taco Bell trudge along at the top of the heap, Chick-fil-A has quietly risen from a South- east regional favorite to become the largest chicken chain and the eighth-largest quick-service food purveyor in the country. The chain sells significantly more food per restaurant than any of its competitors—twice that of Taco Bell or Wendy’s and more than three times what the KFC Colonel fries up. And it...
IKEA’s Global Strategy Walk into an IKEA store anywhere in the world, and you would recognize...
IKEA’s Global Strategy Walk into an IKEA store anywhere in the world, and you would recognize it instantly. Global strategy standardization is rampant! The warehouse-type stores all sell the same broad range of affordable home furnishings, kitchens, accessories, and food. Most of the products are instantly recognizable as IKEA merchandise, with their clean yet tasteful lines and functional design. With a heritage from Sweden (IKEA was founded in 1943 as a mail-order company, and the first store opened in Sweden...