Poisson approximation to the binomial

Assignment Help Basic Statistics
Reference no: EM131444570

It is estimated that .60 percent of the callers to the Customer Service department of Dell Inc. will receive a busy signal.

What is the probability that of today's 1,400 callers at least 5 received a busy signal? Use the poisson approximation to the binomial. (Round your answer to 4 decimal places.)

Reference no: EM131444570

Questions Cloud

Premium movie channel : Suppose that, when we survey 20 randomly selected dish owners, we fi nd that 4 of the dish owners actually subscribe to at least one premium movie channel. Using a probability you found in this exercise as the basis for your answer, do you believe..
Is the granger causality f-statistic significant : Let Rt denote the interest rate for three-month treasury bills. Estimate an ADL(1,4) model for ?Yt using lags of ?Rt, as additional predictors. Comparing the ADL(1,4) model to the AR(1) model, by how much has the 2 changed?
How much will you pay for the policy : The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $37,000 per year forever. If the required return on this investment is 6.3 percent, how much will you pay for the policy?
Implement two priority queues that provided priorityqueue : CPS 350: The main task is to implement two priority queues. All two implementations should implement the provided PriorityQueue interface (include implements PriorityQueue in your Java code).
Poisson approximation to the binomial : What is the probability that of today's 1,400 callers at least 5 received a busy signal? Use the poisson approximation to the binomial. (Round your answer to 4 decimal places.)
Balance sheet and sales information using financial data : Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.3x Days sales outstanding: 42 daysa Inventory turnover ratio: 4x Fixed assets turnover: 2.5x Current ratio: 1.5x Gross profit margin on sale..
Discuss the reforms done or needed in that industry : HI5003  Economics for Business Assignment. Micro economics - Choose any industry and discuss the reforms done or needed in that industry. Demand and supply of a product of your choice and factors that affect the demand and supply sides of the market
Why did we use nodular cast iron in this application : We are designing a camshaft for a direct acting mechanical bucket (DAMB) valvetrain - assume a single cylinder and a single valve for this analysis.The material is nodular cast iron. At max lift on the camshaft lobe, the valve is to open 10mm. T..
Formulate the null and alterative hypotheses : Formulate the null and alterative hypotheses to determine whether an increase occurred in the proportion of Internet users receiving more than 10 email messages per day. b. If a sample of 420 Internet users found 208 receiving more than 10 email me..

Reviews

Write a Review

Basic Statistics Questions & Answers

  An important goal in occupational safety

An important goal in occupational safety is "active caring." Employees demonstrate active caring (AC) about the safety of their co-workers when they identify environmental hazards and unsafe work practices and then implement appropriate corrective..

  Problem regarding the regression analysis

How is that applied for a MULTIPLE regression analysis? Is there a simultaneous solution involving all variables at once, or is a separate calculation performed for each variable independently?

  Distribution of the number of acres

The average number of acres burned by forest and range fires in a large Wyoming county is 4,300 acres per year, with a standard deviation of 750 acres. The distribution of the number of acres burned is normal.

  A sample survey of 54 discount brokers showed that the mean

1. a sample survey of 54 discount brokers showed that the mean price charged for a trade of 100 shares at 50 per share

  Consider problem 571 regarding telephone calls made

consider problem 5.71 regarding telephone calls made independently of each other. find an example through a web search

  The security tools you need

Read the article: "The Security Tools You Need" at www.pcworld.com/downloads/collection/collid,1525/fi les.html.

  Use the least squares method to develop the estimated

elliptical trainers are becoming one of the more popular exercise machines. their smoothand steady low-impact motion

  Describe the sampling distribution of p-hat

Describe the sampling distribution of p-hat, the sample proportion of college students with the cell phones who send or receive the text messages with their phones.

  Example on probability distribution

The sample mean of the number of spots on the 6000 rolls, should be about If this die is rolled 6000 times, the number of times we get a 2 or a 3 should be about

  Determine the shape of the distribution based on the sample

questiona the following data represent the number of years patients survived after being diagnosed with terminal

  Test the hypothesis that the average price is higher than

the average prices for a product in 12 stores in a city are shown below.2.99 2.15 3.25 3.55 3.00 2.99 2.66 3.50 3.20

  Suppose 100 diet coke drinkers took the pepsi challenge and

take the pepsi challenge was a marketing campaign used recently by the pepsi cola company. coca-cola drinkers

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