Find the conditional probability

Assignment Help Engineering Mathematics
Reference no: EM131524220

Question: The amount of time that a union stays on strike is judged to follow an exponential distribution with a mean of 10 days.

a. Find the probability that a strike lasts less than one day.

b. Find the probability that a strike lasts less than six days.

c. Find the probability that a strike lasts between six and seven days.

d. Find the conditional probability that a strike lasts less than seven days, given that it already has lasted six days. Compare your answer to part a.

Reference no: EM131524220

Questions Cloud

What is the monthly payment for loan : What is the monthly payment for a 30 year loan with a 6% APR if the loan is for $175,000?
Verify the empirical rule for normal distributions : Make the necessary calculations to verify the Empirical Rule for normal distributions, which states that the probability is approximately 0.68.
Indicate the future dividends and the future stock price : That is, indicate the future dividends and the future stock price that you need to do this calculation to receive partial credit.
Provide specific evidence from your activity : Strengths and opportunities for growth. Provide specific evidence from your activity including changes based on previous feedback.
Find the conditional probability : The amount of time that a union stays on strike is judged to follow an exponential distribution with a mean of 10 days.
Firm is expected to pay dividend-what is the cost of equity : A firm is expected to pay a dividend of $3.50 per share in one year. If the current market price for a share is $67, what is the cost of equity?
Probability that adam gets exactly three gummi bears : What is the probability that Adam gets exactly three gummi bears? What is the expected number of gummi bears that Adam gets?
Do current calls for curricular coherence make sense or not : In your opinion, do current calls for "curricular coherence" make sense or not? Why or why not? Explore your thoughts in an effort to develop them.
What the chances are that exactly one customer will arrive : A photographer works part-time in a shopping center, two hours per day, four days per week. On the average, six customers arrive each hour, and the arrivals.

Reviews

Write a Review

Engineering Mathematics Questions & Answers

  Discuss what is meant by region of convergence in z-plane

Region of Convergence, Discuss the connection of the Z-Transform to the Laplace Transform. Discuss what is meant by "region of convergence" in the z-plane.

  Find the corresponding transfer function

Find the corresponding transfer function - To identify this transfer function, an artificial heart is implanted in a calf while the main parts of the original heart are left in place.

  Create a 3 x 3 matrix

For the three vectors in Part 11, find the corresponding values of λ1, λ2, and λ3 and find a matrix E such that A2 = X E

  Determine how many operators the company should use

A mail-order company receives calls at a Poisson rate of one per 2 min and the duration of the calls is exponentially distributed with mean 3 min.

  Problem regarding the branch and bound

Show the B&B tree.If node is fathomed,indicate why it is fathomed.Provide the sequence of problems solved,. eg. P1-P3-P4, etc.Clearly indicate what the optimal solution is. Note: x4 does not have to be integer.After solving the root node, branch o..

  Description of the ethical decision-making model

Description of the ethical decision-making model. The goal(s) of the strategy. Details about using the ethical decision-making model of your choice

  Write a linear system of differential equations to model

Modeling - Math 056 - Homework 7. Define the remaining necessary parameters and write a linear system of differential equations to model the behavior. For the students who have taken differential equations, find solutions for x1(t), x2(t)

  Determine the mean driving time and the variance

1) Tommy's cab company transports riders using 2 routes. Use the following data to determine the mean driving time and the variance in the driving time.

  Determine the current amount of money that must be invested

Juan deposits $5,000 into a savings account that pays 7.2% per year, continuously compounded. What is the effective annual interest rate?

  Describe the tangent space at the identity matrix

What is the dimension of O(n)? Describe the tangent space of O(n) at the identity matrix as a subspace of M(n)

  What price car can you afford

You can afford to pay $222 each month for a car for five years. If your car loan were at 5% then what price car can you afford?

  What is the consumer price index

In 1972, the maximum earnings of a worker subject to Social Security tax (SST) was $9,000. The maximum earnings subject to SST in 2012 is $110,100.

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