Question

The employees of a firm that does asbestos cleanup are being tested for indications of asbestos...

The employees of a firm that does asbestos cleanup are being tested for indications of asbestos in their lungs. The firm is asked to send four employees who have positive indications of asbestos to a medical center for further testing. Suppose 40% of the population have positive indications of asbestosin their lungs. Let X be the number of employees who do not have asbestosin their lungs tested before finding four who do have asbestos in their lungs.

(a) (2 points) What is the probability distribution of X? Write down thedistribution family and the parameter(s).

(b) (2 points) Let Y be the total number of employees tested when finding four with positive asbestos in their lungs. Express Y as a function of X.

(c) (4 points) Find the pmf ofY.

(d) (4 points) Suppose the cost to set up the test is $300, and each testcosts $40. Define the total cost of the tests when finding four with positive asbestos in their lungs as Z. Express Z as a function of X.

(e) (4 points) Calculate the expected value of Z.

Homework Answers

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
The employees of a firm that does asbestos cleanup are being tested for indications of asbestos...
The employees of a firm that does asbestos cleanup are being tested for indications of asbestos in their lungs. The firm is asked to send four employees who have positive indications of asbestos to a medical center for further testing. Suppose 40% of the population have positive indications of asbestos in their lungs. Let X be the number of employees who do not have asbestos in their lungs tested before finding four who do have asbestos in their lungs. (a)...
The employees of a firm that does asbestos cleanup are being tested for indications of asbestos...
The employees of a firm that does asbestos cleanup are being tested for indications of asbestos in their lungs. The firm is asked to send four employees who have positive indications of asbestos to a medical center for further testing. Suppose 40% of the employees have positive indications of asbestos in their lungs. (Write down the pmf, write down mean and variance formulas if possible) a. Suppose that each test costs $40. What is the expected cost of this entire...
A restored Civil War cannon is being tested using cannonballs of various mass and using various...
A restored Civil War cannon is being tested using cannonballs of various mass and using various loads of gunpowder. In one test, the cannon fires a cannonball at a speed of 74.0  m/s in a direction which is 51.0  degrees Up from East. The cannonball is intended to land on a mesa which is to the east of the cannon. The near edge of the mesa is a vertical cliff which is 103.0  m high; the base of the cliff is 127.0  m to...
Olivia likes to eat both apples and bananas. At the grocery store, each apple costs $0.20...
Olivia likes to eat both apples and bananas. At the grocery store, each apple costs $0.20 and each banana cost $0.25. Olivia’s utility function for apples and bananas is given by U(A, B) = 6 (AB)1/2 . If Olivia has $4 to spend on apples and bananas, how many of each should she buy to maximize her satisfaction? Use the tangency condition to find the optimal amount of A to relative to B . MUA/PA = MUB/PB Now plug this...
1. Suppose your customers' incomes are normally distributed with a mean of $37,500 with a standard...
1. Suppose your customers' incomes are normally distributed with a mean of $37,500 with a standard deviation of $7,600. What is the probability that a randomly chosen customer earns less than $36,000? (Round your answer to three decimal places, eg 0.192.) 2. A continuous random variable X has a normal distribution with mean 12.25. The probability that X takes a value less than 13.00 is 0.82. Use this information and the symmetry of the density function to find the probability...
THIS IS THE GENERAL EQUILIBRIUM PROBLEM THAT I PROMISED. YOU FIRST SOLVE FOR THE INITIAL EQUILIBRIUM...
THIS IS THE GENERAL EQUILIBRIUM PROBLEM THAT I PROMISED. YOU FIRST SOLVE FOR THE INITIAL EQUILIBRIUM AS POINT A. WE CONSIDER TWO DIFFERENT AND SEPARATE SHOCKS (I CALL THEM SCENARIOS). THE FIRST SHOCK IS TO THE IS CURVE, THE SECOND SHOCK IS A ‘LM’ SHOCK. AGAIN, WE CONSIDER THESE SHOCKS SEPARATELY SO THAT AFTER YOU COMPLETE SCENARIO 1 (THE IS SHOCK), WE GO BACK TO THE ORIGINAL CONDITIONS AND CONSIDER THE SECOND SCENARIO WHICH IS THE ‘LM’ SHOCK. Consider the...
QUESTION 1 1. Brianna is trying to increase her chances of being promoted to vice president...
QUESTION 1 1. Brianna is trying to increase her chances of being promoted to vice president by working to build good work relationships with other managers outside her own department. Brianna's behavior should be viewed as dysfunctional politics. functional politics. coercive power. functional influence. 2 points QUESTION 2 1. The Gingerbread Factory has a separate unit that makes their chocolate crunch cookies and another unit that is completely responsible for all operations in producing their ginger snap cookies. The Gingerbread...
1.A fair die is rolled once, and the number score is noted. Let the random variable...
1.A fair die is rolled once, and the number score is noted. Let the random variable X be twice this score. Define the variable Y to be zero if an odd number appears and X otherwise. By finding the probability mass function in each case, find the expectation of the following random variables: Please answer to 3 decimal places. Part a)X Part b)Y Part c)X+Y Part d)XY ——- 2.To examine the effectiveness of its four annual advertising promotions, a mail...
1.    In a multiple regression model, the following coefficients were obtained: b0 = -10      b1 =...
1.    In a multiple regression model, the following coefficients were obtained: b0 = -10      b1 = 4.5     b2 = -6.0 a.    Write the equation of the estimated multiple regression model. (3 pts) b     Suppose a sample of 25 observations produces this result, SSE = 480. What is the estimated standard error of the estimate? (5 pts) 2.    Consider the following estimated sample regression equation: Y = 12 + 6X1 -- 3 X2 Determine which of the following statements are true,...
New Wave Music New Wave Music is an international company that develops music software that is...
New Wave Music New Wave Music is an international company that develops music software that is used to compose music, play recordings in clubs, and produce albums. Founder and CEO Moritz Halbach is the company’s biggest fan. He said “I started this company from nothing, just me, my ideas, and my computer. I love music---love playing music, love writing programs for making music, love listening to music---and the money is nice, too.” Moritz says that he never wanted to work...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT