Estimate for the probability

Assignment Help Basic Statistics
Reference no: EM131921905

In 2016, the San Francisco Chronicle reported that there is approximately a 72% probability of a major earthquake in the San Francisco Bay region before the year 2043. An accompanying map showed 6 major faults in the area and listed the probabilities of a big quake on each of these faults as being 22%, 8%, 6%, 33%, 16%, and 26%. Assuming big quakes on these faults are independent events, do you agree with the ~ 72% estimate for the probability of a "big one" in the Bay Area? Explain your answer

Reference no: EM131921905

Questions Cloud

Served a contaminated package : What are the chances that at least one person at your party will be served a contaminated package?
What are the strengths and weaknesses of each approach : What are some different ways you could communicate a concept for a new user interface for an automotive audio system?
Diane interior design selections purchases : Diane Interior Design Selections purchases two products for resale: big tables (B) and medium tables (M). Each big table costs $500 and requires
Draw the time-phased diagram : Develop planning schedules for each item showing how much should be ordered and in what quantities.
Estimate for the probability : Assuming big quakes on these faults are independent events, do you agree with the ~ 72% estimate for the probability of a "big one" in the Bay Area?
What must the reliability of component d be in order to meet : What must the reliability of component D be in order to meet the product reliability condition? Calculate your result to 4 decimal places .
Calculate the sample size needed given factors : Assume that the result is a sample size beyond what you can obtain. Use the compromise function to compute alpha and beta for a sample half the size.
What is the new calculated cycle time : Assume now that an output of 240 units/day is desired for the 420-minute working day. What is the new calculated cycle time?
Define the functions of marketing : Define the functions of marketing in your own words. Using an example, explain how they can be shifted and shared. Explain, in your own words.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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