Appropriate distribution to build simulation model

Assignment Help Basic Statistics
Reference no: EM1392188

A five-star hotel accepts 100 room reservations daily. For each reservation accepted, there is a 7% chance that the guest will not arrive. You decide to build a simulation model to describe the number of guests who will show up. The best appropriate distribution to use is

A. continuous uniform
B. Discrete uniform
C. Binomial
D. Normal
E. Triangular

And explain why?

Reference no: EM1392188

Questions Cloud

What criteria do you recommended to determine : What criteria do you recommended to determine the credibility of a source of information? Develop a list of no less than 10 elements you would use to determine the credibility of facts
Explain organization-time management element-online learning : Organization, time management, and effective communication are the main elements to online learning. Explain how you can use each of these elements toward the professional career.
Law of diminishing marginal utility : As in part A there is a 50% chance the share market crashes. If John maximises expected utility, what value of ß should he choose?
Random samples taken from the same population : Do you think that all random samples taken from the same population will lead to the same result?
Appropriate distribution to build simulation model : A five-star hotel accepts 100 room reservations daily. For each reservation accepted, there is a 7% chance that the guest will not arrive.
Activation of the macrophage : After phagocytosis of a pathogen, the phagosome becomes very acidic with the pH dropping to between 3.5 and four. However, some of the enzymes are important to kill pathogens only work when the pH is higher than five.
Identify five key economic variables that could represent : Identify five key economic variables that could represent major opportunities or threats to a bank in your town or city.
External sales and inter-divisional transfers : Your sales and costs figures should be split into external sales and inter-divisional transfers, where appropriate
Difference between the human male and female pelvis : There are many differences between the human male and female pelvis. Selectat least one of these differences for discussion. Explain the benefits of such pelvic adaptations in females.

Reviews

Write a Review

Basic Statistics Questions & Answers

  True or false based on simple linear regression model

The simple coefficient of determination is the proportion of total variation explained by the regression line.

  Defective syringes in a random sample

Make a histogram showing the probabilties of r = 0, 1, 2, 3, 4, 5, 6, 7 or 8 defective syringes in a random sample of 8 syringes.

  Test for applicable difference in means

Do not forget to test for any applicable difference in means (Tukey implies).

  Designing a linear programming problem

Design a Linear programming problem for the flair Furniture Company and find the combination of tables and chairs that the company must produce to maximize profits.

  One population mean-hypothesis test

Then explain your answer to someone who has never had course in statistics (but who is familiar with mean, standard deviation, and Z scores.)

  Determine the critical value for hightailed test

Using the z table in Table E of Appendix C, determine the critical value for the hightailed test with a = 0.035.

  Finding standard deviation

Find the mean and standard deviation of X, the number of students in class, who will develop influenza.

  The possibility that nucleus will be disintegrated the end

The number of bombardment necessary to achieve the disintegration of a certain nucleus is assumed to have the distribution above. In one sequence in which b bombardments are available, of these have already failed to disintegrate the nucleus. What..

  Probability based on the one sample kolmogorov-smirnov test

Would you conclude that your data set is approximately normal? If so, what percentage of your data values lie:

  Hypothesis testing-population mean

Is there evidence that the population mean is above $300, if X (bar) = $305.11 and s = $43.20?

  Regression analysis with prediction intervals

Describe the difference in the fit provided by the two estimated regression equations.

  Probability of choosing supreme chocolate

What is the probability that at least three students choose Supreme Chocolate?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd