Apen company averages 1.2 defective pens per carton produced (200 pens). the number of defects per carton is poisson distributed.

a. what is the probability of selecting a carton and finding two defective pens?

b. what is the probability of finding nine or more defective pens in a carton?

c. suppose a purchaser of these pens will quit buying from the company if a carton contains more than three defective pens.

what is the probability that a carton contains more than three defective pens?

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

Suppose general motors demands labor according to the labor demand function 푤푤= 40−0. 5퐸퐸, where 푤푤 is the hourly wage and 퐸퐸 is the number of employees. the united auto workers union has a utility function given by 푈푈=푊푊∗퐸퐸. a.in 1984, the united auto workers union started negotiations with general motors by assuming that they were a monopoly union. find the wage and employment demands that the united auto workers union would have demanded before any bargaining began. b.if general motors and the united auto workers union both had excellent bargaining representatives, would this be the final labor contract? if not, then explain in words and graphically where they would end up after the bargaining process.

Retail industry fundamentals credential exam,part 1 all answers