Find the probability

Assignment Help Basic Statistics
Reference no: EM13849650

The cars passing a certain point as a function of time were counted during a traffic study of a city road. It was found that there was l0% probability of observing more than ten cars in an eight-minute interval.

a) Find the probability that exactly five cars will pass in a four-minute interval. What assumptions are being made?

b) Find the probability that fewer than two cars will pass in each of three consecutive intervals.

c) Find the probability that fewer than two cars will pass in exactly two of three consecutive intervals.

d) How long an interval should be used so that the probability of observing more than nine cars becomes 40%?

Reference no: EM13849650

Questions Cloud

How much the mean changes? : how much the mean changes?
Calculate the tier ratio using risk-adjusted assets : Let’s assume that you have been asked to calculate risk-based capital ratios for a bank with the following accounts. Calculate the equity capital ratio. Calculate the Tier 1 Ratio using risk-adjusted assets. Calculate the Total Capital (Tier 1 and Ti..
In what ways do we erode our own privacy online : In what ways do we erode our own privacy online? In what ways do we erode our friends' privacy Online? What are some of the possible long-term consequences of eroding our own privacy or our friends' privacy online
Total liabilities and capital : Broncs Bank has the following liabilities and equity categories: What would be the bank’s total liabilities and capital if owners’ capital were 75% the size of Other Liabilities? If Total Liabilities and Capital were 18 million what would be the size..
Find the probability : Find the probability that fewer than two cars will pass in exactly two of three consecutive intervals.
Explosive growth of digital crime : Explosive Growth of Digital Crime and Fighting Digital Crime" Please respond to the following: Identify at least two (2) factors that have led to the explosive growth of digital crime over the past a few decades
What about automatic toll payent technology : What about automatic toll payent technology (such as E-Zpass) that allows you to move more quickly through highway toll gates but also collect information on where you go and when you get there
Which of the two loans would make more money for the bank : As a loan officer, you offer the customer the loan if they agree to pay $19,500 in interest, plus agree to pay the $230,000 back at the end of one year. What is the APR? As an alternative you offer them a one-year, $230,000 discount loan at 9 percent..
Standard deviation of the rate of return on new portfolio : You are the portfolio manager for a mutual fund. Your fund has an expected return of 15% with a standard deviation of 24% and the T-bill rate is 3%. Calculate the weight w. What is the standard deviation of the rate of return on the new portfolio?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Mean and variance for binomial distribution

Morality Study for a group of four men, the probability distribution for the number x who live through the next year is as given in the accompanying table.

  Suppose a company has a design maximum output of 100 its

suppose a company has a design maximum output of 100. its actual output is 80 and its efficiency is 50.calculate its

  Evidence of candidate has sufficient valid signature overall

Is this statistically significant evidence that candidate has sufficient valid signatures overall? Describe.

  What percentage of the sensors will not satisfy guarantee

Normal with mean 48 months and standard deviation 9 months. The company has decided to give a guarantee for the sensors for 3 years. What % age of the sensors will not satisfy the guarantee.

  Conclude that pill is effective at promoting weight loss

Can the company conclude that the pill is effective at promoting weight loss? Write the hypotheses and conduct the appropriate hypothesis test.

  The standard deviation of the population is 09 ounces which

a study of 55 white mice showed that their average weight was 3.2 ounces. the standard deviation of the population is

  Determine area under normal curve with sigma

Determine the area under the normal curve with mu = 8 and sigma = 3. If Mary gets 90 on a physics test where mean is 85 and standard deviation is 4.59, where does she stand in relation to her classmates?

  Question computer city has compiled the following sales

question computer city has compiled the following sales data regarding the number of computers sold each day for the

  Find the expected value and standard deviation of the

audrey an astronomer is searching for extra-solar planets using the technique of relativistic lensing. though there are

  Assume we want to be 95 confident that the sample

many states are carefully considering steps that would help them collect sales tax on items purchased through the

  They have a steak dinner bet on next years race with pat

long-time friends pat and tom agree on many things but not the outcome of the american league pennant race and the

  Proportion of defective items in a large shipment

When sampling is done for the proportion of defective items in a large shipment, where the population proportion is 0.18 and the sample size is 200, what is the probability that the sample proportion will be at least 0.20?

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