Find probability that at least 18 calls will be successful

Assignment Help Basic Statistics
Reference no: EM131426419

Business and Management

IKEA is a Swedish company that sells ready-to-assemble furniture. Shoppers contact customer service with regard to finding a nearby store, online shipping questions, and even for help with assembly. IKEA classifies all telephone calls to its customer support staff by the amount of time the customer is on hold. If the customer is on hold for no more than 60 seconds, then the call is classified as successful (actually, this sounds like a miracle). The supervisor in technical support claims 80% of all calls are successful. Suppose 25 calls to technical support are selected at random.

a. Find the mean, variance, and standard deviation of the number of successful calls.

b. Find the probability that at least 18 calls will be successful.

c. Suppose 21 calls are successful. Is there any evidence to suggest the supervisor's claim is false? Justify your answer.

Reference no: EM131426419

Questions Cloud

Three phases and the steps that management : William Bridges (1991) theorizes that organizational change can be successful if management enforces three phases properly. Explain his three phases and the steps that management should take through an organizational transition (such as a merger o..
Create your own work journal of leadership lessons learned : To create an effective healthcare organization, there must be effective leaders. To be the most effective leader you can be, you must continually be observing and learning new leadership skills and techniques. One way to observe and learn is to ke..
Project and includes the project scope document : A part of the project management plan that is the baseline of the scope of a project and includes the project scope document, WBS, and WBS dictionary best defines.
Various areas of a business organization to collaborate : 1. What are tradeoffs? Why is careful consideration of trade is-offs important in decision making? 2. Why is it important for the various areas of a business organization to collaborate?
Find probability that at least 18 calls will be successful : Find the mean, variance, and standard deviation of the number of successful calls.- Find the probability that at least 18 calls will be successful.
Estimate the npv of the acquisition : Finally , the balance sheet shows the firm to be composed of 25% debt, 10 % preferred , 55% equity (common plus retained), and 10% current liabilities. Current liabilities are assumed to be costless; therefore the WACC is 4.55%. Comment of this pr..
Probability that at least 25 devices will work correctly : Find the probability that exactly 28 devices will work correctly.- Find the probability that at least 25 devices will work correctly.
Universal and the contingency leadership theories : Describe the differences between the universal and the contingency leadership theories. Explain your answer in sufficient detail to demonstrate your understanding.
Dubrin basic formula for human behavior : What modifications would you make to DuBrin's basic formula for human behavior to account for why some leaders excel in creative positions and others do not? Present Dubrin's basic formula and describe your proposed modifications.

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