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butalik [34]
4 years ago
8

Often in buying a product at a supermarket, there is a concern about the item being underweight. Suppose there are 24 "one-pound

" packages of frozen ground turkey on display and 2 of them are underweight. A consumer group buys 5 of the 24 packages at random. What is the probability of at least 1 of the 5 being underweight?
Business
1 answer:
Bumek [7]4 years ago
3 0

Answer:

The answer is: 38%

Explanation:

The probability of at least 1 of the 5 packages being underweight can be calculated using a technique known as hypergeometric distribution.

The probability of the first choice not being underweight is 22 out of 24, for the second choice it is 21 out of 23, for the third 20 out of 22, for the fourth 19 out of 21 and for the fifth 18 out of 20.

To find out the probability of at least one package being underweight, you must subtract the sum of the probabilities of not being underweight from 1 using the following formula:

1 - [(22/24) x (21/23) x (20/22) x (19/21) x (18/20)] =

1 - (0.91666667 x 0.91304348 x 0.90909091 x 0.9047619 x 0.9) =

1 - 0.62 = 0.38 or 38%

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Answer:

decline.

Explanation:

The decline stage of the product's life cycle is marked by declining sales and product profitability. Generally, in this phase, the product begins to be replaced by new technologies, becomes outdated and goes into disuse.

It is important for companies to be aware that when entering this phase, the product needs redesign planning, so that improvements are implemented that make it updated to be relaunched in the market and then start another life cycle.

8 0
3 years ago
Hyper Color Company manufactures widgets. The following data is related to sales and production of the widgets for last year. Se
Nadya [2.5K]

Answer: $24,000

Explanation:

Operating income under absorption costing:

= Sales - Cost of goods sold - Selling and admin expenses

Cost of goods sold = Variable production cost + Fixed production cost

= (61 * 1,000 units sold) + (32,000 / 1,500 units produced * 1,000 units sold)

= $82,333

Selling and admin expenses:

= Variable + Fixed

= (6 * 1,000) + 8,000

= $14,000

Operating income = (120 * 1,000) - 82,333 - 14,000

= $23,667

= $24,000

4 0
3 years ago
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Answer: project manager

     

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  Hence, as he or she is responsible for successful completion it is the responsibility of the project manager to define, approve and acquire all the documentation needed regarding the project.

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Answer and Explanation:

Please find answer and explanation attached

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3 years ago
1.मकडी क्या बनाने का सही स्थान ढुंढ रही थी ?<br>​
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Answer:

अपना घर बनाने का सही ठ।उ ढूंढ रही थी

3 0
3 years ago
Read 2 more answers
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