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

Problem 1somewhere in the milky way galaxy a class of 2000

Problem 1 Somewhere in the Milky Way Galaxy, a class of 2,000 students took a course in Astronomy.  The first exam scores and the final exam percentage reached earth, but transmission broke off after only a dozen student ...

Is there any difference between the proportion of americans

Is there any difference between the proportion of Americans who wish they were rich and the proportion of Canadians who wish they were rich? A random sample of 1,000 Americans showed that 550 wish they were rich, while a ...

This exercise generalizes exercise 925 let n y fi fii s p

This exercise generalizes Exercise 9.25. Let (N, Y, F I , F II , s, P) be an Aumann model of incomplete information with beliefs in which N = {I, II} and let A ⊆ Y be an event. Consider the following process: Player I in ...

1 list as many sources of archival data as you can2 what

1. List as many sources of archival data as you can. 2. What four kinds of research questions are particularly suited for the use of archival data? 3. Describe how you would conduct a content analysis.

You are interested in using linear regression to test

You are interested in using linear regression to test whether drinking a protein shake improves weightlifting performance. From a sample of 200 college students, you estimate a linear regression with WEIGHTLIFT as the de ...

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 ...

A researcher evaluates a gun training program in a large

A researcher evaluates a gun training program in a large American city found that rapes dropped by 90% in the year following the training. Researchers looking at the same data but expanding the time frame to include 5 ye ...

1 the correlation between self-esteem and shyness is -50

1. The correlation between self-esteem and shyness is -.50. Interpret this correlation. 2. Which is larger-a correlation of +.45 or a correlation of -.60? Explain.

Question to qualify for security officers training recruits

Question: To qualify for security officers training, recruits are tested for stress tolerance. The scores are normally distributed with a mean of 62 and a standard deviation of 8. If only the top 15% of recruits are sele ...

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 ...

  • 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