Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1) Alice and Betty enter a beauty parlor simultaneously, Alice to get a manicure and Betty toget a haircut. Suppose the time for a manicure (haircut) is exponentially distributed withmean 20 (30) minutes.

(a) What is the probability Alice gets done first?.

(b) What is the expected amount of time until Alice and Betty are both done?

2) Customers arrive at a shipping office at times of a Poisson process with rate 3 per hour. Theoffice was supposed to open at 8AM but the clerk Oscar overslept and came in at 10AM.

(a) What is the probability that no customers came in the two-hour period?

(b) What is the distribution of the amount of time Oscar has to wait until his first customerarrives?

4) The number of hours between successive trains is T which is uniformly distributed between 1and 2. Passengers arrive at the station according to a Poisson process with rate 24 per hour.Let X denote the number of people who get on a train. Find

(a) E[X]

(b) Var(X)

5) Customers arrive at a sporting goods store at rate 10 per hour. 60% of the customers are menand 40% are women. Women spend an amount of time shopping that is uniformly distributedon [0, 30] minutes, while men spend an exponentially distributed amount of time with mean30 minutes. Let M and N be the number of men and women in the store. What is thedistribution of (M, N) in the long run?

6) Signals are transmitted according to a Poisson process with rate λ. Each signal is successfullytransmitted with probability p and lost with probability 1?p. The fates of different signalsare independent. For t ≥ 0 let N1(t) be the number of signals successfully transmitted andlet N2(t) be the number that are lost up to time t.

(a) Find the distribution of (N1(t), N2(t)).

(b) What is the distribution of L = the number of signals lost before the first one is successfullytransmitted?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91523499
  • Price:- $60

Priced at Now at $60, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Cash flowsnbspnbspit is typical for jane to plan monitor

Cash flows  It is typical for Jane to plan, monitor, and assess her financial position using cash flows over a given period, typically a month. Jane has a savings account, and her bank loans money at 6% per year while it ...

In a sample of 150 hospital emergency admissions with a

In a sample of 150 hospital emergency admissions with a certain diagnosis, 128 listed vomiting as a presenting symptom. Do these data provide sufficient evidence to indicate, at the .01 level of significance, that the po ...

Your client wants to buy a business that provides financial

Your client wants to buy a business that provides financial advice to local small businesses. The firm generated $650,000 in cash flows during the previous year, and the discount rate to value firms in this sector is 11% ...

41 of the doctors in america are dentists if a random

41% of the doctors in America are dentists. If a random sample of size 826 is selected, what is the probability that the proportion of doctors who are dentists will be less than 40%?

Carrie ds has 67 million shares of common stock outstanding

Carrie D's has 6.7 million shares of common stock outstanding, 3.7 million shares of preferred stock outstanding, and 27.00 thousand bonds. If the common shares are selling for $29.80 per share, the preferred share are s ...

How do you calculate true population proportion if your

How Do you calculate true population proportion if your defective sample is too small? For example, if you have 50 and defect is 4. Please look below for more details.

Ralph and gina attend differed schools but each have a gpa

Ralph and Gina attend differed schools, but each have a GPA of 3.2 The GPA's at each score follow a normal distribution. Ralph's school has a mean GPA of 2.7 and a standard deviation of .25. Gina's school has a mean of 3 ...

A one bond has a coupon rate of 8 percent another a coupon

a) One bond has a coupon rate of 8 percent, another a coupon rate of 12 percent. Both bonds pay coupons annually, have 10-year maturities, and sell at a yield to maturity of 10 percent. If their yields to maturity next y ...

The ph acidity of the liquor is critical for regulating dye

The pH (acidity) of the liquor is critical for regulating dye uptake and hence the final color. There are 5 kettles, all of which receive dye liquor from a common source. Past data show that pH varies according to a Norm ...

Analysis of variance anovaan investigator compares the

Analysis of variance (ANOVA) An investigator compares the difference in the amount of 20% sucrose solution removed by pollinators between unadulterated solution and solutions with 50, 100, 150, and 200 parts per million ...

  • 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