Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

1. Assume you know that number of complaints coming in a phone center averages 4.2 every ten minutes. Suppose that the number of calls follows Poisson distribution. Find out the probability that there are exactly three calls throughout the next ten minutes?

2. An auditor reviewing invoices of small company finds that there're errors in 1.5% of them. If the auditor looks at 500 invoices, find out the probability that he finds more than three invoices with errors?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M920560

Have any Question? 


Related Questions in Statistics and Probability

Net exports are calculated by subtracting imports from

Net Exports are calculated by subtracting Imports from Exports. Assume Exports and Imports are independent of one another.  If mean exports are $25M with a standard deviation of $3.5M and mean imports are $30M with a sta ...

Suppose we would like to determine if the typical amount

Suppose we would like to determine if the typical amount spent per customer for dinner at a new restaurant in town is more than $20.00. A sample of 49 customers over a three-week period was randomly selected and the aver ...

In a prospective study data collected extensive information

In a prospective study, Data collected extensive information on incidence of coronary heart disease (CHD) among smoker and non-smoker individuals. The table below summarizes the results Risk factor Cases of  CHD Non case ...

When conducting a hypothesis test if z calculated is less

When conducting a hypothesis test, if z calculated is less than z critical, you should accept the null hypothesis?

Business quantative analysis and statistics 1project

BUSINESS QUANTATIVE ANALYSIS AND STATISTICS 1 Project Management Scenario: You are a consultant with expertise in project management strategies. Select a possible project management situation from your current or future ...

1 what value of cronbachamp39s alpha coefficient indicates

1. What value of Cronbach's alpha coefficient indicates acceptable interitem reliability? 2. Why are researchers sometimes not able to test the reliability of their measures? 3. What steps can be taken to increase th ...

In a recent funding drive in support of classical radio it

In a recent funding drive in support of classical radio, it was announced that 11.35% of the listeners actually donated to the radio station. A survey of 225 listeners found that 10.75% of the listeners had actually dona ...

During a certain week the mean price of gas was 2709 per

During a certain week the mean price of gas was $2.709 per gallon. A random sample of 35 gas stations is drawn from this population. What is the probability that the mean price for the sample was $2.697 and $2.716 that w ...

Assignment1what is statistics2describe the differences

Assignment 1. What is statistics? 2. Describe the differences between inferential statistics and descriptive statistics. 3. The call center received 30 phone calls on a Monday, below is the number of minutes each call la ...

Suppose you have a stock portfolio where 28 of the stocks

Suppose you have a stock portfolio where 28% of the stocks earned a return of 12.2%, 12% earned a return of 15.1%, 24% of the stocks earned a return of 0%, 18% of the stocks earned a return of -1.5%, and 18% of the firms ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro