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jok3333 [9.3K]
3 years ago
5

A new gold phone has different prices for different types....

Mathematics
1 answer:
Rzqust [24]3 years ago
8 0
So,

The range will simply be the absolute value of the difference between the highest and lowest price.

The highest price is $2285.

The lowest price is $1116.

The absolute value of the difference between these two prices is:

|2285 - 1116| = 1169

The range of the prices for the gold phone is $1169.
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A TV company when purchasing thousands electronic components apply this sampling plan: randomly select 15 of them and then accep
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<h2>Answer with explanation:</h2>

According to the Binomial probability distribution ,

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P(X\leq 2)=P(x=0)+P(x=1)+P(x=2)\\\\=^{15}C_0(0.03)^0(0.97)^{15}+^{15}C_1(0.03)^1(0.97)^{14}+^{15}C_2(0.03)^2(0.97)^{13}\\\\=(0.97)^{15}+(15)(0.03)^1(0.97)^{14}+\dfrac{15!}{2!13!}(0.03)^2(0.97)^{13}\\\\\approx0.63325+0.29378+0.06360=0.99063

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For sample size n= 2500

Expected value : \mu=np= (2500)(0.03)=75

The expected value = 75

Standard deviation :  \sigma=\sqrt{np(1-p)}=\sqrt{2500(0.03)(0.97)}\approx8.53

The standard deviation = 8.53

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