Poisson process of density three arrivals per minute

Assignment Help Basic Statistics
Reference no: EM131015219

1. A particular production process produces bolts whose diameter is a N ( 3, 16) random variable.

(a) Find the probability that a randomly selected bolt will have a diameter less than 3.2.

(b) Find the probability that the average diameter from a sample of 35 bolts will be less than 3.2.

2. Customers arrive at a counter in accordance with a Poisson process of density three arrivals per minute.

(a) What is the expected number of arrivals per minute?

(b) What is the standard deviation of the number of arrivals per minute?

(c) Use the CLT to approximate the probability that the average number of arrivals in 75 I-minute periods is between 2.6 and 3.4.

Reference no: EM131015219

Questions Cloud

Poisson process with an average arrival rate : Customers arrive at a queue according to a Poisson process with an average arrival rate of 4 per hour. (a) Find the probability of exactly three arrivals in 1 hour. (b) Find the probability of at least three arrivals in 2 hours.
What accounting standards exist that already effect banks : What must be known, estimated, and assumed to answer the research question? What would your recommendations be with respect to fair-value accounting standards for banks? Outline the basis of your recommendation.
Exponen­tial distribution with mean : The time between telephone calls at a company switchboard has an exponen­tial distribution with mean of 3 minutes. (a) Find the probability that the average of 45 of these times is less than 2.5 minutes.
Discuss the applicable ethical theory : Analyze your problem using a decision-making framework chosen from Module 2.
Poisson process of density three arrivals per minute : Customers arrive at a counter in accordance with a Poisson process of density three arrivals per minute. (a) What is the expected number of arrivals per minute?
What is the timeframe for using a loss carryback : What is your evaluation of the ethical issues that would arise as result of your boss refusing to approve the valuation allowance? What is your analysis of the stakeholders involved, and how will they be affected?
Indentifying the importance of strategic management : For this assignment, a mini strategic audit will be conducted for two companies with an overall goal to compare how each company differs in the strategy management and implementation, while indentifying the importance of strategic management.
Is our mission statement realistic : Is our mission statement specific, short, sharply focused and memorable.
Explanation of ethical behavior in the workplace : This question involves an explanation of ethical behavior in the workplace. Explain what it means to demonstrate positive ethical behavior in the workplace. Include examples to support your explanation.

Reviews

Write a Review

Basic Statistics Questions & Answers

  A recent study reported that the prevalence of

a recent study reported that the prevalence of hyperlipidemia defined as total cholesterol over 200 is 30 in children

  The machining center at a production facility has three

the machining center at a production facility has three lathes of differing ages and thus precision. the oldest machine

  In order to accumulate enough money for a down payment on a

in order to accumulate enough money for a down payment on a house a couple deposits 415 per month into an account

  Computing probability to receive email during same period

What is the probability she received 5 or more email during the same period?

  Find an approximate p-value for test

A two-way ANOVA model was used to analyze an experiment with two levels of one factor, three levels of a second factor, and 6 observations per treatment combination.

  Normal distribution-final examination probability

The time needed to complete a final examination in a particular college course is normally distributed with a mean of 80 minutes and a standard deviation of 10 minutes.

  Quarterly demand levels for electricity

Consider the following quarterly demand levels for electricity (in 1 000 megawatts) in Cape Town from 2008 to 2011.

  Probability that mean length of items is less

Standard deviation of 0.7 inches. If 21 items is chosen at random, what is the probability that their mean length is less than 10.5 inches.

  What is the probability that the value of the portfolio is

james w. has a portfolio that includes 20 shares of disney and 30 shares of amazon. the price of disney stock is

  Likelihood that any flight arrives within schedule time

Suppose the likelihood that any flight on Northwest Airlines arrives within 15 minutes of scheduled time is .90. We choose four flights from yesterday for study.

  Examinethe differences between profit and profitability

Examinethe differences between profit and profitability and how you plan to use your profits to increase your business profitability.

  Test for single meanaccording to one investigators model

test for single mean.according to one investigators model the data are like 400 draws made at random from a large box.

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