(Answered) Qusetion 1 on average 54 shoplifting incidents occur per

Statistics

Qusetion: 1. On average, 5.4 shoplifting incidents occur per week at an electronics store. Find the probability that exactly 3 such incidents will occur during a given week at this store.

2. On average, 12.5 rooms stay vacant per day at a large hotel in a city. Find the probability that on a given day exactly 3 rooms will be vacant. Use the Poisson formula.

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92488378
Price:- $15

Verified Expert

Priced at $30 Now at $15, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

Xyz corporations budgeted monthly sales are 10000 and they

XYZ Corporation's budgeted monthly sales are $10,000, and they are constant. Its customers pay as follows: 30% pay in the first month and take the 2% discount, while the remaining 70% pay in the month following the sale ...

Adult male heights x have n70 33a what percent of adult

Adult male heights X have N(70", 3.3") a.) What percent of adult males are shorter than 63"? b.) What percent of males are taller than 70"? c.) What's the 80th percentile of male heights? Show work

If sailsboro just paid a dividend of 2 per share amp

If Sailsboro just paid a dividend of $2 per share & dividends are expected to grow at 8%, 6%, and 5% for the next three years respectively. After that the dividends are expected to grow at a constant rate of 3% indefinit ...

Apopulation has a mean u81 and a standard deviation o28

A population has a mean u=81 and a standard deviation o=28. Find the mean and standard deviation of a sampling distribution of sample means with a sample size n=239. ux= ox=

Question probability and nonprobability are the two general

Question Probability and nonprobability are the two general categories of sampling. Probability sampling uses random selection, whereas nonprobability sampling does not. For example, if you wanted to study the effects of ...

Doctoral assistant ships of phd students 50 have paid

Doctoral assistant ships of Ph.D students 50% have paid assistant ships. a random sample of n=200 students is chosen.. based on this sample and using the properties of the binomial distribution, what is the approximate s ...

1 this table summarizes the results from

1) This table summarizes the results from along+termrandomized clinicaltrial to determine whether aspirin reduces the risk of heart attack. Researchers randomly assigned a large sample of healthy male physicians (22,07 ...

A 1995 study by the school of public health reported

A 1995 study by the School of Public Health reported that 87?% of male students who live in a fraternity house are binge drinkers. The figure for fraternity members who are not residents of a fraternity house is 71?%, wh ...

Mrs salmon agrees to repay a loan by paying 500 at the end

Mrs. Salmon agrees to repay a loan by paying $500 at the end of each month for 5 years. The first payment is due at the end of the 6th month from today and the remaining payments will continue for another 59 months. If t ...

How does wholesale banking differ from retail banking in

How does wholesale banking differ from retail banking in terms of: (a) product range; (b) client coverage; (c) marketing; (4) risk management; (5) pricing.

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

Recent Questions

Ask Statistics and Probability Expert