Use the poisson model to approximate the probability round, Ask an Expert

Statistics

Use the Poisson model to approximate the probability. Round your answer to four decimal places. 32)

The probability that a call received by a certain switchboard will be a wrong number is 0.02. Use the Poisson distribution to approximate the probability that among 120 calls received by the switchboard, there are no wrong numbers

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9995701

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

Researchers at the university of pennsylvania school of

Researchers at the University of Pennsylvania School of Medicine have determined that children under 2 years old who sleep with the lights on have a 35% chance of becoming myopic before they are 16. Children who sleep in ...

1 for a normal distribution with mu 500 and sigma 100 a

1. For a normal distribution with μ = 500 and σ = 100, a. What is the percentile rank for X = 550? b. What is the percentile rank for X = 650? c. What is the percentile rank for X = 450? 2. For a normal distribution with ...

Tossing a fair coin three times whats the probability that

Tossing a fair coin three times, what's the probability that at least one head will occur?

A 54 percent corporate coupon bond is callable in ten years

A 5.4 percent corporate coupon bond is callable in ten years for a call premium of one year of coupon payments. Assuming a par value of $1,000, what is the price paid to the bondholder if the issuer calls the bond? Amoun ...

A researcher determines that students study an average of

A researcher determines that students study an average of 60 15 (M SD) minutes per week. Assuming these data are normally distributed, what is the z score for students studying 45 minutes per week?

A running shoe company wants to sponsor the fastest 3 of

A running shoe company wants to sponsor the fastest 3% of runners. You know that in this race, the running times are normally distributed with a mean of 6.8 minutes and a standard deviation of 0.37 minutes. How fast woul ...

A restaurant serves hot chocolate that has a mean

A restaurant serves hot chocolate that has a mean temperature of 175 degrees with a standard deviation of 8.1 degrees. Find the probability that a randomly selected cup of hot chocolate would have a temperature of less t ...

What are the minimum first quartile median third quartile

What are the minimum, first quartile, median, third quartile, maximum, interquartile range, and range of the data set below? Make a box-and- whisker plot. 25, 25, 30, 35, 45, 45, 50, 55, 60, 60

Basic statisticsactivity 1define the following terms1

BASIC STATISTICS Activity 1 Define the following terms: 1. Statistics 2. Descriptive Statistics 3. Inferential Statistics 4. Population 5. Sample 6. Quantitative Data 7. Discrete Variable 8. Continuous Variable 9. Qualit ...

The risk rate of return is currently 005 whereas the market

The risk rate of return is currently 0.05, whereas the market risk premium is 0.05. if the beta of RKP, inc ,stock is 1.9 , then what is the expected return on RKP?

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