Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Eddie's Bicycle Shop has a thriving business repairing bicycles. Trisha runs the reception area where customers check in their bicycles to be repaired and then later pick up their bicycles and pay their bills. She estimates that the time required to serve a customer on each visit has a uniform distribution between 3 minutes and 8 minutes. Apply the inverse transformation method as indicated below to simulate the service times for five customers by using the following five uniform random numbers: 0.6505, 0.0740, 0.8443, 0.4975, 0.8178.
(a) Apply this method graphically.
(b) Apply this method algebraically.
(c) Calculate the average of the five service times and compare it to the mean of the service-time distribution.
(d) Use Excel to generate 500 random observations and calculate the average. Compare this average to the mean of the service-time distribution.
Verified Expert
The problem mainly focuses on the average of the five service times and compare it to the mean of the service-time distribution also used Excel to generate 500 random observations and calculate the average, compare this average to the mean of the service-time distribution.
I only need help with question c. I cannot generate 500 random numbers. You stated you will provide me with the answer to question d. It actually questions c. that I need the answer to. Thank you!
the xyz inc. buys mother boards for its computer assembly. the following information is available use generally
Sales figures and profits for the stores are given in the following table. Obtain a regression line for the data and predict profit for a store assuming sales of $10 million.
At time t = 0, you begin counting the arrivals of buses at a depot. The number of buses Ki that arrive between time i - 1 minutes and time i minutes, has the Poisson PMF
Find the test statistic P-value, and critical value, and state the final conclusion.
what are examples of variables that follow a binomial probability distribution? what are examples of variables that
1a. the mean weight of 120 7th graders is 75 lbs with a standard deviation of 6 lbs. calculate the standard error of
In the last quarter of 2007 a group of 64 mutual funds had a mean return of 0.9% with a standard deviation of 5.2%. Consider the normal model N(0.009.052) for the returns of these mutual funds.
a survey of 850 workers were asked how much they used the internet at work. 578 said they used the internet within
a researcher is interested in estimating the percentage of us residents without health insurance. how large a sample is
A manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. At the end of December, the company wishes to forecast sales for January.
He is quoted by the Associated Press (January 30, 2000) as saying, "Field's sample in that poll equates to one out of 17,505 voters," and he added that this was so dishonest that Field should get out of the polling business! If you worked on the ..
an office meeting consists of 4 managers and 7 staffa each working team consists of one manager and at least 1 but not
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd