Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

A market in Boston orders oranges from Florida. The oranges are shipped to Boston from Florida by either railroad, truck, or airplane; an order can take 1,2,3, or 4 days to arrive in Boston once it is placed. The following probabilities have been assigned to the number of days it takes to receive order once it is placed (referred to as lead time):

Lead time

Probability

1

0.20

2

0.50

3

0.20

4

0.10

Total

1

Evaluate the expected number of days it takes to receive an order and the standard deviation.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M920850

Have any Question? 


Related Questions in Statistics and Probability

A survey of 68 courses delivered fully online found a mean

A survey of 68 courses delivered fully online found a mean of 13.5 videos with a standard deviation of 2.81. You can assume that the number of videos in an online course is normally distributed. Find the 89% confidence i ...

Imagine you obtained a point biserial correlation of 35

Imagine you obtained a point biserial correlation of .35 between gender and punctuality, showing that men arrived later to class than did women. You think that this correlation might be due to the fact that more women th ...

A multiple-choice test consists of 7 questions each

A multiple-choice test consists of 7 questions. Each question has answer choices of a, b, c, and d, and only one of the choices is correct. If a student randomly guesses on each question, what is the probability that she ...

Through the feasted landscapes sustainability in american

Through the Feasted Landscapes Sustainability in American Topics, Chapter "The Work of the U.S. Sanitary Commission (1864)": 1. At first, who resisted civilian participation in providing food supplies and medical assista ...

Microcomputer components a staff analyst for a manufacturer

Microcomputer components. A staff analyst for a manufacturer of microcomputer components has compiled monthly data for the past 16 months on the value of industry production of processing units that use these components ...

Assume that you want to construct a 95 confidence interval

Assume that you want to construct a 95% confidence interval estimate of a population mean. Find an estimate of the sample size needed to obtain the specified margin of error for the 95% confidence interval. The sample st ...

What are the entry level steps to use analytical solver on

What are the entry level steps to use Analytical Solver on excel to create a spreadsheet model and solve it by using solver?

Questions1 the following results were observed in a

QUESTIONS: 1. The following results were observed in a prospective study of the drug Viagra (based on data from Pfizer Inc.)  Use the data to answer the following questions:   Viagra Treatment Placebo Headache 117 29 No ...

Ron and veronica need to choose a name for their newborn

Ron and Veronica need to choose a name for their newborn daughter. After giving the matter much thought, they have narrowed the list of possible names to four: Abigail, Iris, Irene, and Olga. They now must choose one nam ...

Spss assignment 02the data set you need to do the

SPSS Assignment 02 The data set you need to do the assignment can be found on Blackboard in the folder "Assignments and due dates" and in the spreadsheet "Data for Assignment 2". This is a group assignment and you can su ...

  • 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

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

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen