### Probability of exactly one success by poisson distribution

Assignment Help Basic Statistics
##### Reference no: EM1311522

1) Banner Mattress and Furniture Company wants to study number of credit applications received per day for the last 300 days. Information is reported:.

Number of Credit Applications    Frequency (Number of Days)
0                                       50
1                                       77
2                                       81
3                                       48
4                                       31
5 or more    13

To understand, there were 50 days on which no credit applications were got, 77 days on which only 1 application was got, and so on. Would it be sensible to conclude that population distribution is Poisson with mean of 2.0? Use the .05 significance level. To determine expected frequencies use Poisson distribution with mean of 2.0.

Determine the probability of exactly one success given Poisson distribution with mean of 2.0. Multiply this probability by 300 to determine expected frequency for number of days in which there was accurately one application. Find out the expected frequency for other days in similar manner.

#### Questions Cloud

 Linear regression model : A faculty group wants to determine whether job rating (x) is a useful linear predictor of raise (y). Consequently, the group considered the linear regression model: What is the weight of spacecraft : Speedboat A negotiates a curve whose radius is 150m. Speedboat B negotiates the curve whose radius is 190m. Each boat experiences the same centripetal acceleration. What is the ratio vA/vB of the speeds of boats. Scenario of fed plans to achieve objectives : What are those key objectives and what are the key tools the Fed plans to use to achieve those objectives? Purpose the company budgeted balance sheet : Purpose the company budgeted balance sheet -  The management of Mecca Copy, a photocopying center located on University Avenue, has compiled the following data to use in preparing Probability of exactly one success by poisson distribution : Determine the probability of exactly one success given Poisson distribution with mean of 2.0. Find the final velocity of each mass : In this week's video, Bill Goodykoontz talks about morality and ethics in pop culture. The freedom of speech and expression allows the variety of pop culture media to be released, which may sometimes be offensive material. Can pop culture still have .. Calculate escape velocity for an object : Calculate escape velocity for an object started at the surface of the earth, going straight up. Neglect any complications due to the earth turning. Purpoes company budgeted income statement : Purpoes the company budgeted income statement. Use the absorption costing income statement format shown in schedule? Method of least squares model : Use the method of least squares to model the relationship between x and y.

### Write a Review

#### Probability of getting exactly 50 percent heads

What happens to the probability of getting exactly 50% heads?

#### Example on permutation tests

What can we conclude from this summary, Which of the following statements is correct and In which of the following situations would permutation tests be suitable

#### Explain the trend in the export of fish

Draw two pie charts, which allow the total yearly exports to be compared. Explain the trend in the export of fish as shown in the two pie charts.

#### Evaluate the p-value

The null hypothesis is that the distribution of mother's educational level is the same for both treatment groups. The value of the chi-square statistic is 7.422. Evaluate the P-value

#### Distribution of data

Part 1. What is the appropriate distribution for such data? Part 2. Is this lot anomalous?

#### Solve the mean and standard deviation equations

Solve the mean and standard deviation equations

#### Fitted logistic regression model

We code middle-aged Americans as 1 and senior citizens as 0, the logistic regression model for senior citizens

#### Standard deviation for this suv model

What is the city mileage standard deviation for this SUV model?

#### Freedom for the two-sample t procedures

It has been claimed that women live longer than men; however, men tend to be older than their wives. Ages of sixteen husbands and wives from England were obtained. These data should be analyzed with a

#### Determine if the improvement is of practical significance

determine if the improvement is of practical significance one should. Crop researchers plant 100 plots with a new variety of corn. The average yield for these plots is x' = 130 bushels per acre

#### Repairers claim-standard deviation

You find that a random sample of five microwave ovens has a mean repair cost of \$75 and a standard deviation of \$12.50. At α = 0.01, do you have enough evidence to support the repairer's claim?

#### Heart rate at the end of the workout for all subjects

Makers of generic drugs are required to demonstrate that their generic drug does not differ significantly from the "reference" drug it is intended to imitate.