Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Probability based on discrete distribution.

The data in the table represent the number of consumer complaints against major U.S. airlines. If one complaint from the table is randomly selected, find out the likelihood that it was filed against United Airlines.

 

Airline

Number of Complaints

United

1172

Northwest

765

Continent

563

 

 

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M918343

Have any Question?


Related Questions in Statistics and Probability

Assume that from a random sample of 18 trees a researcher

Assume that from a random sample of 18 trees a researcher found that the average height of the trees was 4.3 meters with a standard deviation of 0.25 meters. Assume that the distribution of the heights of these trees is ...

An annual survey of first-year college students ask 273000

An annual survey of first-year college students ask 273,000 students about their attitudes on a variety of subjects. According to a recent survey, 57% of first-year students believe that abortion should be legal. Use 0.0 ...

54 of public high school students are provided a computer

54% of public high school students are provided a computer by their school district. 40 students are selected at random. The random variable represents the number of students who have been provided a computer by their sc ...

Your bank has 153 million in loan commitments which are now

Your bank has $153 million in loan commitments which are now being drawn upon. You aren't sure, but you are beginning to think that the bank may have some problems now. What sort of risk are you connected about, and how ...

An investor considers investing 10000 in the stock market

An investor considers investing $10,000 in the stock market. He believes that the probability is 0.30 that the economy will improve, 0.40 that it will stay the same, and 0.30 that it will deteriorate. Further, if the eco ...

Most analysts focus on the cost of tuition as the way to

Most analysts focus on the cost of tuition as the way to measure the cost of a college education. But incidentals, such as textbook costs, are rarely considered. A researcher at Drummand University wishes to estimate the ...

Rachel age 65 has begun establishing many different trusts

Rachel, age 65, has begun establishing many different trusts. Of the following beneficiaries listed in her trusts, who would be considered a skip person for purposes of the GSTT? I. Adam, age 25, her new husband II. Bart ...

A foreign trader at the banks tx desk calls to inform you

A Foreign trader at the bank's TX desk calls to inform you that the company TD Bank is  quoting $1.20/€1, and Bank of America is offering $1.40/£1. The trader also noticed thatCredit Z is also making the market in pound ...

The board of a major credit card company requires that the

The board of a major credit card company requires that the mean wait time for customers when they call customer service is at most 3.00 minutes. To make sure that the mean wait is not exceeding the requirement, an assist ...

1 suppose that a company selects two people who work

1. Suppose that a company selects two people who work independently inspecting two-by-four timbers. Their job is to identify low-quality timbers. Suppose that the probability that an inspector does not identify a low-qua ...

  • 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