bank accounts at a small bank,
Q1. Of 49 bank accounts at a small bank, 26 account have a value of less than $1000 and the rest have a value of at least $1000. Suppose 6 accounts are randomly selected.What is the probability that exactly 5 of the 6 accounts have values of at least $1,000?Q2. ABC manufacture has a policy that it will reject any defective parts from its supplier in a randon sample of 5 parts from its shipment. The supplier has been in buisness for many years and has a defective rate of 4.0% What is the probability that a shipment will be rejected after a given sample of parts is checked?Q3. Suppose you want to evaluate 3 judges in California, Judge Brown, Judge Carter, Judge Bob. Over a 3 year period in California, Judge Brown saw 28% of the case, Judge Carter saw 34% of the case, and Judge Bob saw remainder of the case. 4% of Judge Browns case were appealed, 7% of Judge Carter case were appealed, and 9% of Judge Bob case were appealed.Given a case from this three-year period was not appealed, what is the probability the judge in the case was not Judge Adams?