Question: Holdtight a leading manufacturer of quality nails, produces 1-, 2-, 3-, 4-, and 5-inch nails for all kinds of applications. In the production process, if there is an overrun or the nails are slightly defective, they are placed in a common bin. Yesterday, 736 of the 1-inch nails, 223 of the 2-inch nails, 89 of the 3-inch nails, 455 of the 4-inch nails, and 377 of the 5-inch nails were placed in the bin.

1. What is the probability of reaching into the bin and getting a 5-inch nail?
2. What is the probability of getting a 3-inch nail?
3. If a particular application requires a nail that is 3 inches or longer, what is the probability of getting a nail that will satisfy the requirements of the application?

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document