document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1002339>Question 1002339</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The job you are thinking of taking depends on the widgets in your assembly process working as needed. Your prospective boss gets irate and starts firing people if more than 8 widgets fail out of any one batch of 100. The proportion of bad widgets produced in your suppliers factory in 5%.\r<BR>\n" );
document.write( "\n" );
document.write( "a) Should you take the job?\r<BR>\n" );
document.write( "\n" );
document.write( "b)Suppose you know a new supplier whose proportion rate is 2%. How would you convince the boss to go with you and this supplier?   </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #619270 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=619270\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The job you are thinking of taking depends on the widgets in your assembly process working as needed. <BR>\n" );
document.write( "Your prospective boss gets irate and starts firing people if more than 8 widgets fail out of any one batch of 100. The proportion of bad widgets produced in your suppliers factory in 5%.<BR>\n" );
document.write( "Sketch a normal curve with mean = 0.05 and std = sqrt(0.05*0.95) = 0.2179<BR>\n" );
document.write( "Find P(x < 8) when n = 100 <BR>\n" );
document.write( "P(x < 0.08) = (0.08-0.05)/0.2179/sqrt(100) = 1.3768<BR>\n" );
document.write( "----------------<BR>\n" );
document.write( "The P(you will be fired) = P(z > 1.3768) = 0.084 or 8.4%<BR>\n" );
document.write( "------------- <BR>\n" );
document.write( "a) Should you take the job?<BR>\n" );
document.write( "Sounds reasonable.<BR>\n" );
document.write( "------------------------ <BR>\n" );
document.write( "b)Suppose you know a new supplier whose proportion rate is 2%. How would you convince the boss to go with you and this supplier?<BR>\n" );
document.write( "What other info do you have ??<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.  </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );