Standard deviation of his waiting time

Assignment Help Accounting Basics
Reference no: EM13923594

STAT 225 Quiz 6

1. What is the standard deviation of his waiting time?
2. What is the probability that the rst order takes longer than 12 minutes?
3. Given that the rst order has not arrived in the rst 7 minutes, what is the probability that it takes
longer than 12 minutes?
R 1
1 fX(x)dx = 1
E[X] =
R 1
1 xfX(x)dx
V ar(X) = E[X2]  E[X]2
U Uniform(a; b)
FU(u) = ua
ba for a U b
E[U] = a+b
2
V ar(U) = (ba)2
12
X Exponential()
FX(x) = 1  ex
E[X] = 1

V ar(X) = 1
2

Directions: You have 10 minutes to complete the quiz. You are allowed a calculator as speci ed in the syllabus. If necessary, round decimal answers to 4 signi cant digits. Show all work to receive full credit.

Instructors will not interpret questions for you.
The waiting time until a short-order cook gets his next order takes, on average, 6 minutes.
1. What is the standard deviation of his waiting time? (4 points)
2. What is the probability that the rst order takes longer than 10 minutes? (5 points)
3. Given that the rst order has not arrived in the rst 5 minutes, what is the probability that it takes longer than 10 minutes? (6 points)
R 1
1 fX(x)dx = 1
E[X] =
R 1
1 xfX(x)dx
V ar(X) = E[X2] E[X]2
U Uniform(a; b)
FU(u) = ua
ba for a U b
E[U] = a+b
2
V ar(U) = (ba)2
12
X Exponential()
FX(x) = 1  ex
E[X] = 1

V ar(X) = 1

2

Directions: You have 10 minutes to complete the quiz. You are allowed a calculator as speci ed in the syllabus. If necessary, round decimal answers to 4 signi cant digits. Show all work to receive full credit. Instructors will not interpret questions for you.

A neighborhood cat likes to wander around and make visits in the evening. He walks past Jane's window sometime equally likely over the interval between 7:30 p.m. and 7:55 p.m. and waits for Jane to wave at him. Jane checks for the cat at 8:00 every night. Assume the cat's behavior is independent of his previous actions.

1. Given that the cat has not arrived by 7:40 p.m., what is the probability he arrives before 7:50 p.m.?

2. What is the probability that the cat arrives before 7:35 p.m. the rst night and after 7:50 p.m. the
next?
3. What is the mean and variance of the cat's waiting time? (5 points)
R 1
1 fX(x)dx = 1
E[X] =
R 1
1 xfX(x)dx
V ar(X) = E[X2] E[X]2
U Uniform(a; b)
FU(u) = ua
ba for a U b
E[U] = a+b
2
V ar(U) = (ba)2
12
X Exponential()
FX(x) = 1  ex
E[X] = 1

V ar(X) = 1
2

Directions: You have 10 minutes to complete the quiz. You are allowed a calculator as speci ed in the syllabus. If necessary, round decimal answers to 4 signi cant digits. Show all work to receive full credit.

Instructors will not interpret questions for you. A neighborhood cat likes to wander around and make visits in the evening. He walks past Sarah's window sometime equally likely over the interval between 7:25 p.m. and 7:55 p.m. and waits for Sarah to wave at him.
Sarah checks for the cat at 8:00 every night. Assume the cat's behavior is independent of his previous actions.

1. Given that the cat has not arrived by 7:45 p.m., what is the probability he arrives before 7:50 p.m.?

2. What is the probability that the cat arrives before 7:35 p.m. the rst night and after 7:45 p.m. the
next?
3. What is the mean and variance of the cat's waiting time? (5 points)
R 1
1 fX(x)dx = 1
E[X] =
R 1
1 xfX(x)dx
V ar(X) = E[X2]  E[X]2
U Uniform(a; b)
FU(u) = ua
ba for a U b
E[U] = a+b
2
V ar(U) = (ba)2
12
X Exponential()
FX(x) = 1  ex
E[X] = 1

V ar(X) = 1
2

Reference no: EM13923594

Questions Cloud

Make a histogram based on the frequency table : Q1. A prison psychologist recorded the number of rule infractions for 15 prison inmates over a six-month period to be 5, 4, 2, 4, 3, 5, 2, 0, 4, 4, 5, 5, 3, 4, and 3. a. Make a frequency table. b. Make a histogram based on the frequency table.
Understanding of internal control : Smith, a certified public accounting firm, was engaged to audit the financial statements of the Sky-is-the-Limit company. The company has its own IT installation. While obtaining an understanding of internal control, Smith found that Sky-is-the-Li..
What is optimal number of futures contract that must be sold : Assuming the bond speculator wants to hedge her net bond position, what is the optimal number of futures contracts that must be bought or sold?
Ancient sculpture of a human form : When you look at ancient art, particularly ancient sculpture of a human form, you see progression in how the body is represented. For this assignment, find 3 different sculptures of the human form, all from the ancient period (created between 30,0..
Standard deviation of his waiting time : What is the standard deviation of his waiting time? What is the probability that the rst order takes longer than 12 minutes?
Predict flood area by using rainfall data : I need help with ANN (Matlab) to predict flood area by using rainfall data and some images that created by ArcGIS.
Is tap water a heterogeneous or homogenous mixture : Is tap water a heterogeneous or homogenous mixture? Explain your answer. Is isopropyl alcohol (rubbing alcohol) a heterogeneous or homogenous mixture? Explain your answer.
Problem regarding the goverment and non profit : It issued $20 million in bonds to purchase a new municipal office building. The proceeds were recorded in a capital projects fund. It acquired the building for $20 million. It recognized, as appropriate, $300,000 of depreciation on municipal vehicle..
Income tax examination by internal revenue service : The client is currently undergoing a three (3) year income tax examination by the Internal Revenue Service (IRS). A significant issue involved in the IRS audit encompasses inventory write-downs on the tax returns that are not included in the finan..

Reviews

Write a Review

Accounting Basics Questions & Answers

  What factors may cause the effective interest rate

What factors may cause the effective interest rate and the stated interest rate to be different?

  Yang corporation wholesales repair products to equipment

yang corporation wholesales repair products to equipment manufacturers. on may 1 2014 yang corporation issued 20000000

  Determine the adjustment for the month ended

Determine the adjustment for the month ended January 31, 2011

  Prepare the journal entries to record

Larry Byrd, Inc., spent $68,000 in attorney fees while developing the trade name of its new product, the Mean Bean Machine. Prepare the journal entries to record the $68,000 expenditure and the first year's amortization, using an 8-year life.

  In addition to the basic purchase price the company paid

on january 3 2014 wong enterprises inc. paid 300000 for equipment used in manufacturing automotive supplies. in

  Pass corporation owns 80 of sindy company purchased at the

pass corporation owns 80 of sindy company purchased at the underlying book value on january 1 2010. on january 1 2010

  This exercise compares the future value of investing an

this exercise compares the future value of investing an amount of money in different time frames. a total of 20000 is

  Describe how the organizational ethical issue was detected

many organizations have been in the news over the past few years due to accounting ethical breaches that have affected

  Product a requires 5 machine hours per unit to be produced

product a requires 5 machine hours per unit to be produced product b requires only 3 machine hours per unit and the

  Roseau company is preparing its annual earnings per share

roseau company is preparing its annual earnings per share amounts to be disclosed on its 2013 income statement. it has

  Exploring virtue on the college campus-case study

A young man meets a wonderful girl in his senior year in college. He believes this is the one that he might marry in the future. He is deeply in love with her. He has a problem. After leaving the constraints of parental authority at home, he went ..

  In 2003 landry restaurants reported the cost of their

a carrie company sold merchandise with an invoice priceof 1000 to underwood inc. with terms of 210 n30. which ofthe

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