Machine breakdowns, Econometrics

A bottling company has determined the number of machine breakdowns per month and their respective probabilities as given below:

    Number of
    Breakdowns        Probability
    0                         0.12
    1                         0.38
    2                         0.25
    3                         0.18
    4                         0.07

The expected number of machine breakdowns per month?  Describe your answer.

Posted Date: 3/25/2013 5:40:18 AM | Location : United States







Related Discussions:- Machine breakdowns, Assignment Help, Ask Question on Machine breakdowns, Get Answer, Expert's Help, Machine breakdowns Discussions

Write discussion on Machine breakdowns
Your posts are moderated
Related Questions
The following multiple regression results are part of a study of the demand for chicken in the USA. Q Calculates the quantity of chicken purchased per annum. PC and PB are the pric

My question is that when we use Impulse response function and how to use it. Is it used along with some other methodology. What is the meaning of graphs of IRF?

A thick walled cylinder has internal and external diameters of 120 mm and 420 mm respectively. It is made from a ductile elastic material of your choice and is used to contain hot

What trends do you see in the Economic, Political, and Cultural environment of society that will affect the industry in the future? Answer) The trends that will affect the indus


hypothetical data on consumption expenditure ($) and income ($) is given in the table x Y 80 55 100 65 85 70 110 80 120 79 115 84

I have a project and I need help with the writing. I have the data and the SPSS regression, park test

do you write assignment or just help write assignments

What is the expected value and variance of y = 3x+2 knowing that E(X) = 8 and var(X) = 4.

cost benefit decision invest in college undergraduate 5 years