# Directions for finance question | Business & Finance homework help

Directions: Answer the question below by placing the appropriate graph and/or answers in the designated cells of the spreadsheet (see separate spreadsheet attachment).

DO NOT CHANGE THE APPEARANCE OR FUNCTIONALITY OF THE SPREADSHEET UNLESS INSTRUCTED TO DO SO.

Question 4

Gateway 2000 Inc. receives large shipments of microprocessors from Intel Corp. It must try to ensure that the proportion of microprocessors that are defective is small. Suppose Gateway samples and tests 5 microprocessors out of a shipment of thousands of these microprocessors. Suppose also that if at least 1 of the microprocessors is defective, the shipment is returned. This sampling and inspection scheme can be modeled as a Binomial process with parameters n and p. Define x = the number of defective microprocessors out of 5 sampled and inspected. Use the spreadsheet named Gateway.

4a. Starting in cell A3, moving down, list all possible values for the number of defective microprocessors (out of 5 sampled).

4b. Suppose that Intel Corp.’s shipment contains 10% defective microprocessors. Use Excel’s built-in function for the Binomial distribution to calculate the probability for each outcome you listed in column A. Start the probability calculations in cell B3 and move down.  Also, show that you ensured that the sum of the probabilities of all possible outcomes is 1.

4c.  Again, suppose that Intel Corp.’s shipment contains 10% defective microprocessors. In cell C11, find the average number of defectives we expect in a sample of 5 microprocessors.

4d. Again, suppose that Intel Corp.’s shipment contains 10% defective microprocessors. In cell C13, provide the probability that the entire shipment will be returned (assuming 10% defect rate and 5 microprocessors sampled).

4e. In cell C15, calculate the probability that the entire shipment will be kept by Gateway even though the shipment has 10% defective microprocessors assuming 5 microprocessors are sampled.

Calculate the price
Pages (550 words)
\$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Australia Assessments
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Always check word count when proofreading.
Customer 452441, April 6th, 2022
Medical terminology
Thank you so much
Customer 454783, April 15th, 2022
SEO
good
Customer 463813, March 8th, 2023
Other
The written work was crafted beautifully, and all of the given instructions were duly followed.
Customer 452455, July 4th, 2023
Computer science
Excellent.
Customer 462387, April 4th, 2022
Other
The paper was beautifully written and the ppt slide exceeded my expectations. Thank you so much for assisting me with a last minute assignment.
Customer 452455, May 9th, 2023
This was done in an excellent manner. The writer paid attention to the details that were required when worked on this project. Awesome, Thank you!
Customer 454345, May 7th, 2020
Communications
best writer and customer service. Thanks Tony!
Customer 462787, August 30th, 2022
English 101
TEST
Customer 463149, July 12th, 2022
Human Resources Management (HRM)
Customer 462499, May 21st, 2022
Education
Thanks for the quick response to this assignment and great communication.
Customer 463875, April 29th, 2023
History
Outstanding clarity.
Customer 456665, April 21st, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend