Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

If 2% of the calls received by schools switchboard are wrong numbers. Find the probability that among 210 calls received by schools switchboard, 4 will be wrong numbers.

a). Determine in this case whether the conditions for the Poisson approximation to the Binomial distribution are satisfied.

b). If so, please use the Poisson approximation to the binomial distribution to find the probability.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92086223
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question? 


Related Questions in Statistics and Probability

A manufacturer obtains clock-radios from three different

A manufacturer obtains? clock-radios from three different? subcontractors: 10?% from? A, 30?% from? B, and 60?% from C. The defective rates for these subcontractors are 3?%, 2 %, and 5?% respectively. If a defective? clo ...

What is liquidity and why is liquidity important to the

What is liquidity and why is liquidity important to the success of a business? Give the Reference

A if a firms marginal tax rate is increased this would

A. If a firm's marginal tax rate is increased, this would affect the cost of preferred stock used to calculate its WACC. T/F B. Suppose the debt ratio (Debt to total assets) is 30%, the current cost of debt is 8%, the cu ...

A population has a mean mu79 and anbspstandard deviation

A population has a mean μ=79 and a standard deviation σ=24. Find the mean and standard deviation of a sampling distribution of sample means with sample size n=248 μx= ?Simplify your? answer. σx= rounded to three decimal ...

A firm that produces light bulbs claims that their

A firm that produces light bulbs claims that their lightbulbs last 1500 hours, on average. You wonder if the average might differ from the 1500 hours that the firm claims. To explore this possibility you take a random sa ...

The probability of a california teenager owning a surfboard

The probability of a California teenager owning a surfboard is 0.43, of owning a skateboard is 0.38, and of owning both is 0.28. If a California teenager is selected at random, find the probability that he or she owns a ...

The p-value for a two-sided test of the null hypothesis h0

The P-value for a two-sided test of the null hypothesis H0: μ = 50 is 0.035. Does the 95% confidence interval include the value 50? Why? Does the 99% confidence interval include the value 50? Why?

Consider the study of two insect populations at two exper-

Consider the study of two insect populations at two exper- imental stations. At station A, the egg hatch rate (computed from a set of 100 eggs at a time) is known to follow approximately a normal distribution with mean 6 ...

A researcher calculates a 90 confidence interval of 3397

A researcher calculates a 90% confidence interval of (3397, 3421) to estimate the population birth weight using a random sample of 84 babies born to mothers with gestational diabetes. She wants to compare this range to t ...

Suppose that we take a random sample of 49 people from this

Suppose that we take a random sample of 49 people from this segment of the population. What is the probability that the mean number of days of disability of this sample will be greater than 6 days?

  • 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