User Account

All Pages

Probability of an accident occurring

Assignment Help Basic Statistics
Reference no: EM13944400

The average highway travel time from Waterloo to Toronto on accident free days (i.e., only regular volume of traffic) is around 90 minutes with a standard deviation of 10 minutes. The occurrence of an accident, however, results in an average delay of 90 minutes with a standard deviation of 20 minutes. The probability of an accident occurring on any given day has been estimated as 0.05. 

Assuming the accident free travel time and accident caused delay time both follow the Normal distribution, use Monte Carlo simulation to estimate, for any given day, the 

a) average travel time to Toronto. 

b) probability that a trip to Toronto will take more than 3 hours.

Reference no: EM13944400

Questions Cloud

What amount of loss may roadrunner recognize on distribution : Roadrunner Corporation never used the land for business purposes during the time it owned the property. What amount of loss may Roadrunner recognize on the distribution of the land?
Membrane sequence and the water feed rate required : A reverse osmosis plant is to be designed to produce 50 kg/s of boiler feed water with less than 20 ppmw of NaCl starting from sea water that contains 3.5 wt% NaCl. The 40 m2 membrane modules operate at 60 atm and achieve a flux of 0.4 m3 /m2 .day..
What structure holds the sister chromatids to spindle fibers : What structure holds the sister chromatids to the spindle fibers? In what phases is the genetic material in the cell correctly referred to as chromatids
Develop your analysis of current operations : Utilise the University library, the Internet and any information made available by the organisation (e.g. annual report, promotional materials) to provide an analysis of the organisation's current operations to develop your analysis of current ope..
Probability of an accident occurring : The average highway travel time from Waterloo to Toronto on accident free days (i.e., only regular volume of traffic) is around 90 minutes with a standard deviation of 10 minutes. The occurrence of an accident, however, results in an average delay..
How character socrates defeat cephalus accounts of justice : How does the character Socrates defeat Cephalus' and Polemarchus' accounts of justice? Why does Plato bother to consider these views?
Reinforce organisational positioning : For example, the chosen strategic HRD approach could address the needs of a specific strategic group, reinforce organisational positioning, address management development/transition needs, focus on talent management or retention/re-engagement of h..
Why xml is important in structuring and exchanging data : As a SQL developer, explain how do you enforce the following types of constraints in SQL-based database systems? Use English to explain. You may explain using an example.
For making styrene from benzene and ethylene : Table: contains six-month average price data for styrene and its feedstock's ethylene and benzene for South Korea over the period Jan. 1999 to Dec. 2010. Calculate the gross margin

Reviews

Write a Review

Basic Statistics Questions & Answers

  Discusses about two variables in a correlation study

These two questions related to Basic Statistics. The first question discusses about two variables in a correlation study. The second question discusses about what we seek to determine using correlation study

  Purpose of link function of glm

Describe the purpose of the link function of a GLM. What is the identity link? Explain why it is not often used with binomial and Poisson responses.

  An accounting firm is planning for the next tax preparation

an accounting firm is planning for the next tax preparation season. from last years returns the firm collects a

  Calculate the equation of the least squares line that you

an investigation was carried out to study the relationship between speed ftsec and stride rate number of steps takensec

  Calculate and interpret the p-value of the test

Give H0 and HA for testing whether the average July 2006 price was $25,000. Calculate and interpret the p-value of the test. State the appropriate conclusion for the test if α = 5%

  A survey of 100 recent fatal traffic accidents showed that

a survey of 100 recent fatal traffic accidents showed that 60 were alcohol-related. find the 95 confidence interval of

  This years dream of a lifetime lottery sold 50000 tickets

this years dream of a lifetime lottery sold 50000 tickets and gave away 5000 prizes including one grand prize. what is

  Compute the expected value for the data

The owner hypothesizes that his patrons have no preference for a particular court. He observes how many people play on each court on a particular day.

  What is the probability a subscriber will spend for journal

The average time a subscriber spends reading the Wall Street Journal is 49 minutes. Assume that the standard deviation is 16 minutes and the time are normally distributed .

  Determining sampling with replacement

What is sampling with replacement, and why it is used?

  Amount of variation in the data

A graphical presentation may accomplish ALL BUT which of the following objectives? Illustrate the amount of variation in the data.

  Estimate for the population mean amount of paint

Construct a 99% confidence interval estimate for the population mean amount of paint included in a 1-gallon can.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd