Find the average number of trucks per 3 hours

Assignment Help Finance Basics
Reference no: EM132384848

On average, Nancy has noticed that 21trucks pass by her apartment daily (24 hours). In order to find the probability that more than 3 trucks will pass her apartment in a 3-hour time period using the Poisson distribution, find the average number of trucks per 3 hours. Round your answer to three decimal places, if necessary.

Reference no: EM132384848

Questions Cloud

What is the probability that 3 female students : What is the probability that 3 female students and 4 male students will be selected?
What are issues and root causes that necessitates enactment : What are the issues and root causes that necessitates the enactment and/or establishment of Federal, state and local government laws,
What is the probability that 3 female students : If the instructor of the class randomly chooses 7 students from the class for an oral exam, what is the probability that 3 female students and 4 male students
Marksman to hit the long-range target : A marksman has a probability of 0.276 for hitting a certain long-range target. What is the probability that it takes 3 shots for the marksman
Find the average number of trucks per 3 hours : On average, Nancy has noticed that 21trucks pass by her apartment daily (24 hours). In order to find the probability that more than 3 trucks
Internet outline a security breach or cyber attack : Find an article on the Internet outline a security breach or cyber attack. Provide a link to the article, what type of attack was used,
Discuss the web interoperability including its advantages : Considerations include the usability, accessibility and interoperability of web pages and web services. Discuss web interoperability including its advantages.
Databases are important in businesses : Databases are important in businesses and organizations because they provide a highly efficient method for handling data.
EEC1110 Literacy For Education Assignment Problem : EEC1110 Literacy For Education Assignment -?Report Card, Assessment Help and Solution - Victoria University, Australia

Reviews

Write a Review

Finance Basics Questions & Answers

  Past returns and of inflationary expectations

on the basis of analysis of past returns and of inflationary expectations,Marta Gomez feels that the expected return on stocks in general is 12 percent.

  What is the accounting break-even point

What is the accounting break-even point? Price = $100per unit; variable cost = $24 per unit; fixed cost = $40.000 per year; SL depreciation.

  How much would the government have to set aside now

The lump sum the government sets aside will also be invested at 6%, annual compounding.

  Calculate the total compensation of each pcp

Last year, Mountain's capitation payment to the PCPs was $20 PMPM, Calculate the total compensation of each PCP at the end of the year

  Calculate the expected holding period return

Calculate the expected holding period return for an investor who purchases a 7.50% two year bond and plans to sell it after one year.

  Find coefficient of variation for each debt-to-capital ratio

Calculate Neal's expected ROE, standard deviation, and coefficient of variation for each of the following debt-to-capital ratios.

  Develop a financing plan to raise capital for a new venture

develop a financing plan to raise capital for a new venture. the 8 to 10 page paper should cover major course concepts.

  What is the best estimate for the value of x

The wedding date for a couple is quickly approaching, and the wedding planner must provide the caterer an estimate of how many people will attend the reception.

  What is the required rate of return on plu stock

The risk-free rate of interest is 0.06, and the return on the stock market overall is expected to be 0.11. What is the required rate of return on PLU stock?

  What personal tax rate would make the investors

If the corporate tax rate is 40 percent, what personal tax rate would make the investors equally willing to receive the dividend or to let Carlson invest.

  What is honey target fixed assets or sales ratio

If Honey's sales increase 12%, how large of an increase in fixed assets will the company need to meet its Target fixed assets/Sales ratio? Round your answer to the nearest cent.

  Dilution effect of stock issue

Micromanagement, Inc. has 8 million shares of stock outstanding and will report earnings of $20 million in the current year. The Corporation is planning the issuance of two million additional shares that will net $30 per share to the corporation.

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