Why is the contractor normally required to submit a bid bond when making a proposal to an owner on a competitively bid contract?
1 answer:
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Answer:
a. 0.11
b. 110 students
c. 50 students
d. 0.46
e. 460 students
f. 540 students
g. 0.96
Explanation:
(See attachment below)
a. Probability that a student got an A
To get an A, the student needs to get 9 or 10 questions right.
That means we want P(X≥9);
P(X>9) = P(9)+P(10)
= 0.06+0.05=0.11
b. How many students got an A on the quiz
Total students = 1000
Probability of getting A = 0.11 ---- Calculated from (a)
Number of students = 0.11 * 1000
Number of students = 110 students
So,the number of students that got A is 110
c. How many students did not miss a single question
For a student not to miss a single question, then that student scores a total of 10 out of possible 10
P(10) = 0.05
Total Students = 1000
Number of Students = 0.05 * 1000
Number of Students = 50 students
We see that 5
d. Probability that a student pass the quiz
To pass, a student needed to get at least 6 questions right.
So we want P(X>=6);
P(X>=) =P(6)+P(7)+P(8)+P(9)+P(10)
=0.08+0.12+0.15+0.06+0.05=0.46
So, the probability of a student passing the quiz is 0.46
e. Number of students that pass the quiz
Total students = 1000
Probability of passing the quiz = 0.46 ----- Calculated from (d)
Number of students = 0.46 * 1000
Number of students = 460 students
So,the number of students that passed the test is 460
f. Number of students that failed the quiz
Total students = 1000
Total students that passed = 460 ----- Calculated from (e)
Number of students that failed = 1000 - 460
Number of students that failed = 540
So,the number of students that failed is 540
g. Probability that a student got at least one question right
This means that we want to solve for P(X>=1)
Using the complement rule,
P(X>=1) = 1 - P(X<1)
P(X>=1) = 1 - P(X=0)
P(X>=1) = 1 - 0.04
P(X>=1) = 0.96
