Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Three out of every eight calls to your cell phone is from a family member. Assume that the phone calls are independent.

a) What is the probability the next time the phone rings, it will be from a family member?

b) If the phone calls are independent, what is the probability the 3rd call today will be from a family member?

c) Last Tuesday, you received 15 phone calls, Let F be the number of those calls that were from family members. What is the distribution, parameter(s), and support of F?

d) What is the probability that between 4 and 6 calls (inclusive) last Tuesday were from family members?

e) What is the mean and standard deviation of F?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92715298
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

If a study was done to measure the total brain volume of

If a study was done to measure the total brain volume of patients that had schizophrenia and also of patients that are normal. Table 1 has the total brain volume of the normal patients and table 2 has the total brain vol ...

Lisa anderson expects to need 80000 for a down payment on a

Lisa Anderson expects to need $80,000 for a down payment on a house in six years. How much would she have to invest today in an account paying 7.25 percent in order to have $80,000 in six years? (Round answer to 2 decima ...

A perpetuity pays 4300 at the end of every month for 11

A perpetuity pays $4300 at the end of every month for 11 months of each year. At the end of the 12th month of each year, it pays double that amount. If the effective ANNUAL rate is 9%, what is the present value of this p ...

Suppose that a b and c are events in a sample space s such

Suppose that A, B and C are events in a sample space S, such that: A and B are equally likely; C is four times as likely as B; B and C are independent; if either B or C occurs, then A cannot occur; at least one of A, B o ...

The average price of a television on a certain web site is

The average price of a television on a certain Web site is ?$760. Assume the price of these televisions follows the normal distribution with a standard deviation of ?$190. Complete parts a through d below. What is the pr ...

1 if you deposited 2000 today in an account that gave you 5

1. If you deposited $2,000 today in an account that gave you 5% APR compounded interest, how much would you have in 10 years? 2. Suppose you want $5,000 in your bank account when you graduate in four years, how much woul ...

The mean of the annual return for common stocks from 1926

The mean of the annual return for common stocks from 1926 to 1992 was 16.5%, and the standard deviation of the annual return was 19%. In later parts of the question we will ask: a. What is the probability that the stock ...

Question 1private capital expenditure for 12 successive

Question 1 Private capital expenditure for 12 successive quarters are presented in the following table: Quarter Millions     1 31,920 2 25,120 3 30,350 4 24,650 5 30,090 6 23,980 7 28,450 8 26,710 9 31,380 10 27,260 11 3 ...

The computer systems department has 8 faculty 6 are tenured

The computer systems department has 8 faculty, 6 are tenured. A committee is formed of 3 faculty members. If members are submitted at random: - What is the probability all members of the committee are tenured? - What is ...

Armstrong faber produces a standard number-two pencil

Armstrong Faber produces a standard number-two pencil called Ultra-Lite. The demand for Ultra-Lite has been fairly stable over the past ten years. On average, Armstrong Faber has sold 457,000 pencils each year. Furthermo ...

  • 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