Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1. An industrial engineer who is studying the clerical staffing of a physicians' group practice must decide whether it requires a full-time phone operator. From historical data, she has determined that the group receives phone calls at the rate of 15 per hour.

a. Find the probability that the group receives exactly 15 calls in a given hour.

b. Find the population mean, the population variace, and the population standard deviation for the number of calls.

Just checkin my answers. I got .1024 for A and 3.875 for B. Not so sure about B.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9979373

Have any Question?


Related Questions in Statistics and Probability

Recent test scores on the law school admission test lsat

Recent test scores on the Law School Admission Test (LSAT) are normally distributed with a mean of 162.4 and a standard deviation of 15.9. What is the probability that the mean of 12 randomly selected scores is less than ...

The easy clean company just paid a dividend of 150 d0150

The Easy Clean Company just paid a dividend of $1.50 (D0=$1.50). The dividend is expected to grow at a constant rate of 8%. The required rate of return is 11.50%. What is the expected price of Easy Clean stock in Year 5 ...

The usable lifetime of a particular electronic component is

The usable lifetime of a particular electronic component is known to follow an exponential distribution with a mean of 6.2 years. Let X = the usable lifetime of a randomly selected component. (a) The proportion of these ...

State whether each of the following will increase decrease

State whether each of the following will increase, decrease, or have no effect on the population variance. (a) the sum of squares ( SS ) increases This change will increase the population variance. This change will decre ...

Question you are throwing a party and fill a bowl with 63

Question: You are throwing a party and fill a bowl with 63 ounces of punch. Suppose the expected size of each cup of punch is 2 ounces and the standard deviation of the size of a cup of punch is A ounce and each cup is p ...

With whom should you consult about design strategies to

With whom should you consult about design strategies to improve products/services and why would you consult with these individuals or groups?

In a large university 20 of the students are business

In a large university, 20% of the students are business majors. A random sample of 100 students is selected, and their majors are recorded. 1. Compute the standard error of the proportion. 2. What is the probability that ...

A random sample of the closing stock prices in dollars for

A random sample of the closing stock prices in dollars for a company in a recent year is listed below. Assume that sigma σ is ?$2.59. Construct the 90?% and 99?% confidence intervals for the population mean. Interpret th ...

A professor teaches two statistics classes the morning

A professor teaches two statistics classes. The morning class has 25 students and their average on the first test was 82. The evening class has 15 students and their average on the same test was 74. What is the average o ...

How does a firm navigate strategic management in the

How does a firm navigate strategic management in the context of an international environment? What complications does an international environment provide? What are the benefits of operating in an international environme ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As