What is probability linda lahey received exactly one e-mail

Assignment Help Econometrics
Reference no: EM13245659

An internal study by the Technology Services department at Lahey Electronics revealed company employees receive an average of four e-mails per hour. Assume the arrival of these e-mails is approximated by the Poisson distribution.

(a) What is the probability Linda Lahey, company president, received exactly one e-mail between 4pm and 5pm yesterday?

(b) What is the probability she did not receive any e-mail during this period?

(c) What is the probability she received ten or more e-mails during the same period?

Reference no: EM13245659

Questions Cloud

Discuss the factors that led to deregulation of u.s : Discuss the factors that led to deregulation of U.S. financial markets in the 1980s. Your response should be at least 75 words in length.
Find probability that exactly five of customers will return : According to a recent survey, 50% of all customers will return to the same grocery store. Suppose nine customers are selected at random, what is the probability that: (a) Exactly five of the customers will return (b) All nine will return
Explain how banks are financial intermediaries : Explain how banks are financial intermediaries. What are reserves? What are excess reserves? Explain how the Fed can affect the quantity of excess reserves in the banking system. Your response should be at least 75 words in length.
What is the rms current in the circuit : A 1.15-k? resistor and a 590-mH inductor are connected in series to a 1250-Hz generator with an rms voltage of 13.1V, What is the rms current in the circuit
What is probability linda lahey received exactly one e-mail : An internal study by the Technology Services department at Lahey Electronics revealed company employees receive an average of four e-mails per hour. Assume the arrival of these e-mails is approximated by the Poisson distribution.
What is probability that a salesperson selected at random : Each salesperson in a large department store chain is rated on their sales ability and their potential for advancement. The data for the 500 sampled salespeople are summarized in the table below: Sales Ability: Fair Good Excellent
What is the inductive reactance of the circuit : A generator connected to an RLC circuit has an rms voltage of 130V and an rms current of 33mA, what is the inductive reactance of the circuit
Determine which good lakshani should spend more on : For each of the following situations, decide whether the bundle Lakshani is thinking about consuming is optimal or not. If it is not optimal, how could Lakshani improve her overall level of utility
What alternative forms of protectionism wuld benefit your : How the process of globalization in trade of your good been eroded through regional and multilateral agreements. You should identify the extent to which barriers have been eroded through these agreements as well.

Reviews

Write a Review

Econometrics Questions & Answers

  Find the steady-state equilibrium level of gdp per capita

Analyze basic growth data for Austria for the period 1970 to 2007. Find the Steady-state equilibrium level of GDP per capita and real GDP growth rate. Variables Gross Output (real GDP) Net Output (real NDP) Depreciation InvestmentICT Investment

  What is probability that he or she will be a problem gambler

Suppose it is known that 10% of people who play poker machines have a gambling problem. Suppose it is also known that 20% of the population play poker machines and 5% of the population have a gambling problem.

  Determine how much milk will sheila buy per week

Sheila budgets $9 per week for her morning coffee with milk. She likes it only if it is prepared with 4 parts of coffee and 1 part milk. Coffee costs $1 per ounce and milk costs $0.5 per ounce. How much coffee and how much milk will Sheila buy per..

  Which person has comparative advantage in chicken

Suppose that they are thinking of each specializing completely in the area in which they have a comparative advantage, and then trading at a rate of 2.5 pounds of potatoes for 1 chicken, would they each be better off

  What is the investment cost of the machine for capital

A new machine can be purchased for $1,200,000. It will cost $35,000 to ship and $15,000 to modify the machine. A $12,000 recently completed feasibility study indicated that the firm can employ an existing factory owned by the firm

  Calculate the economics of one unit

After understanding the meaning of EOU and reviewing different examples in your textbook, the exercise below will allow you to practice how to define and calculate an EOU. Your Course Business Plan (to be developed by you as your Final project) wi..

  Calculate the marginal tax rate

In solving the problem,when your taxable income lies exactly on the border of the 22% bracket ( so that adding one dollar takes it to the beginning of the net bracket), choose the next bracket i.e. 26% as the marginal rate for your federal tax, t..

  Calculate manufacturing cost and selling price for turbine

a manufacturer of small hydraulic turbine has the annual cost data given below. calculate the manufacturing cost and the selling price for turbine. raw material and components cost $2150000 otal annual sales: 60 unit profit margin:15% plant overhead:..

  Determine the demand curve facing the airline during winter

The Eastern Shuttle Inc., is a regional airline providing shuttle service between New York and Washington, DC. An analysis of the monthly demand for service has revealed the following demand relation

  Calculate the accounting profit and the economic profit

Gomez runs a small pottery firm. He hires one helper at $12,000 per year, pays annual rent of $5000 for his shop, and spends $20,000 per year on materials. He has $40,000 of his own funds invested in equipment (pottery wheels, kilns, and so forth)..

  What is the expected return on her portfolio

Hillary can invest her family savings in two assets: riskless treasury bills or a risky vacation home real estate project on an Arkansas river. The expected return on treasury bills is 4 percent with a standard deviation of zero.

  Compute amount of net income or loss that rolls royce report

The income statement of Rolls Royce Group Plc., a U.K. automotive manufacturer, for the year ended December 31, 2007, reported revenues of £7,435 and cost of sales of £6,003. In addition, it reported other operating expenses of £918, a loss of £2 ..

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