+61-413 786 465
info@mywordsolution.com
Home >> Statistics and Probability
We modify the M/M/1/4 queueing system as follows: the server always waits until there are at least two customers in the system before serving them, two at a time, at an exponential rate μ.
(a) Write the balance equations of the system.
Statistics and Probability, Statistics
Assume 20% of customers who enter a clothing store make a purchase and customers behave independently of one another. Ten customers enter the store in the next hour. The salesman on duty makes $20 per hour plus a $10 com ...
On a correlation matrix, you will usually see two values per comparison. The top value for a correlation measurement will be the Pearson correlation, right under that you will see a p-value. I understand when you have a ...
A calculus student takes a 20 question multiple choice test with five answer choices for each question. Find the probability of getting atleast 70 percent of the question correct? Suppose a family has 5 children and that ...
A researcher records the following body mass index (BMI) scores for a group of participants: 29.1 1.3 (M SD). Participants who score between 26 and 30 on this scale are categorized as overweight. What proportion of parti ...
What is the sample size for studies with MOE of +/-3.5% and +/-2.8%, with a confidence level of 95%, sample statistics of 50. Suppose the category population was 7500 (less than 10,000)? Remember the FPC. What would be t ...
You are lost on the Mythy Island in the summer, when tourists are two-thirds of the population. If you ask a tourist for direction the answer is correct with probability ¾; answers to repeated questions are independent e ...
You work as a purchasing manger at walter Pharmaceuticals. Yor currnet suppliers of raw materials has an average delivery time of 14 days. Another vendor approaches you and says that they can match your current vendors's ...
What is liquidity and why is liquidity important to the success of a business? Give the Reference
A manufacturer of cereal has a machine that, when working properly, puts 20 ounces of cereal on average into a box with a standard deviation of 1 ounce. Every morning workers weigh 25 filled boxes. If the average weight ...
One study, based on responses from 1, 013 randomly selected teenagers, concluded that 43% of teenagers cite grades that their greatest source of pressure. Use a 0.05 significance level to test the claim that fewer than h ...
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.
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 coupon bonds. Under what conditions will a coupon bond sell at a p
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 $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 for 19 years, given a discount rate of 6 percent per annum. As
