Question

Thirty-seven percent of all light emitting diode (LED) displays are manufactured by Samsung. What is the...

Thirty-seven percent of all light emitting diode (LED) displays are manufactured by Samsung. What is the probability that in a collection of three independent LED HDTV purchases, at least one is a Samsung? (Round your answer to 3 decimal places.)

Homework Answers

Answer #1

Probability of success ( p ) = 37% = 0.37

Number of trials = 3

Number of success = 1

we want to find P( x 1)

formula for probability of binomial distribution is

p(X=x) = nCx * Px * (1 - P )n-x

P( x 1) = P(x=1) + P(x=2) + P(x=3)

P( x 1) = 3C1 * 0.371 * ( 1 - 0.37)3-1 +  3C2 * 0.372 * ( 1 - 0.37)3-2 + 3C3 * 0.373 * ( 1 - 0.37)3-3

P( x 1) = 0.4406+0.2587+0.0507

P( x 1) = 0.75

probability that in a collection of three independent LED HDTV purchases= 0.75

Answer= 0.75

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
Twenty-four percent of all liquid crystal displays (LCDs) are manufactured by Samsung. What is the probability...
Twenty-four percent of all liquid crystal displays (LCDs) are manufactured by Samsung. What is the probability that in a collection of three independent LCD purchases, at least one is a Samsung? (Round your answer to 3 decimal places.) Probability:
Light emitting diode (LED) light bulbs have become required in recent years, but do they make...
Light emitting diode (LED) light bulbs have become required in recent years, but do they make financial sense? Suppose a typical 60-watt incandescent light bulb costs $.55 and lasts for 1,000 hours. A 15-watt LED, which provides the same light, costs $3.90 and lasts for 12,000 hours. A kilowatt-hour is 1,000 watts for 1 hour. Suppose you have a residence with a lot of incandescent bulbs that are used on average 500 hours a year. The average bulb will be...
Light emitting diode (LED) light bulbs have become required in recent years, but do they make...
Light emitting diode (LED) light bulbs have become required in recent years, but do they make financial sense? Suppose a typical 60-watt incandescent light bulb costs $.55 and lasts for 1,000 hours. A 15-watt LED, which provides the same light, costs $3.90 and lasts for 12,000 hours. A kilowatt-hour is 1,000 watts for 1 hour. Suppose you have a residence with a lot of incandescent bulbs that are used on average 500 hours a year. The average bulb will be...
Light emitting diode (LED) light bulbs have become required in recent years, but do they make...
Light emitting diode (LED) light bulbs have become required in recent years, but do they make financial sense? Suppose a typical 60-watt incandescent light bulb costs $.55 and lasts for 1,000 hours. A 15-watt LED, which provides the same light, costs $3.90 and lasts for 12,000 hours. A kilowatt-hour is 1,000 watts for 1 hour. Suppose you have a residence with a lot of incandescent bulbs that are used on average 500 hours a year. The average bulb will be...
Light-emitting diode (LED) light bulbs have become required in recent years, but do they make financial...
Light-emitting diode (LED) light bulbs have become required in recent years, but do they make financial sense? Suppose a typical 60-watt incandescent bulb costs $.45 and lasts for 1,000 hours. A 7-watt LED, which provides the same light, costs $2.25 and lasts for 40,000 hours. A kilowatt-hour of electricity costs $.121, which is about the national average. A kilowatt-hour is 1,000 watts for 1 hour. However, electricity costs actually vary quite a bit depending on location and user type (you...
The city of Metropolis is considering replacing incandescent bulbs in traffic lights with light-emitting diode (LED)...
The city of Metropolis is considering replacing incandescent bulbs in traffic lights with light-emitting diode (LED) lights because they use significantly less energy and last much longer without abrupt failure. Currently Metropolis has 80,000 incandescent bulbs in traffic lights at approximately 12,000 intersections. It is estimated that replacing all the incandescent bulbs with LED will cost $46.02 million. However, the investment is also estimated to save the city $8.85 million per year in energy costs. Answer the following questions on...
Light emitting diode (LEDs) light bulbs have become required in recent years, but do they make...
Light emitting diode (LEDs) light bulbs have become required in recent years, but do they make financial sense? Suppose a typical 60-watt incandescent light bulb costs $.51 and lasts for 1,000 hours. A 15-watt LED, which provides the same light, costs $3.70 and lasts for 12,000 hours. A kilowatt hour of electricity costs $.127. A kilowatt-hour is 1,000 watts for 1 hour. However, electricity costs actually vary quite a bit depending on location and user type. An industrial user in...
A company that manufactures large LCD screens knows that not all pixels on their screen​ light,...
A company that manufactures large LCD screens knows that not all pixels on their screen​ light, even if they spend great care when making them. In a sheet 66 ft by 1212 ft that will be cut into smaller​ screens, they find an average of 5.35.3 blank pixels. They believe that the occurrences of blank pixels are independent. Their warranty policy states that they will replace any screen sold that shows more than 2 blank pixels. Complete parts a through...
1.a) Nine men and two women are semifinalists in a lottery. From this group, seven finalists...
1.a) Nine men and two women are semifinalists in a lottery. From this group, seven finalists are to be selected by a drawing. What is the probability that all seven finalists will be men? (Enter your probability as a fraction.) b) retailer purchases 240 of a new brand of DVD player, of which 4 are defective. The purchase agreement says that if he tests 5 chosen at random and finds 1 or more defective, he receives all the DVD players...
1. Three people are selected at random from four females and seven males. Find the  probability of...
1. Three people are selected at random from four females and seven males. Find the  probability of the following. (See Example 4. Round your answers to three decimal places.) At least one is a male? At most two are male? a)  A tray of electronic components contains 23 components, 5 of which are defective. If 4 components are selected, what is the possibility of each of the following? (Round your answers to five decimal places.) that all 4 are defective? that 3...