What probability model might be appropriate

Assignment Help Basic Statistics

Reference no: EM131017769

For the last 300 years, extensive records have been kept on volcanic activity in Japan. In 2002, there were five eruptions or instances of major seismic activity. From historical records, the mean number of eruptions or instances of major seismic activity is 2.4 per year. A researcher is interested in modeling the number of eruptions or major seismic activities over the 5-year period, 2005-2010.

a. What probability model might be appropriate?

b. What is the expected number of eruptions or instances of major seismic activity during 2005-2010?

c. What is the probability of no eruptions or instances of major seismic activities during 2005-2010?

d. What is the probability of at least two eruptions or instances of major seismic activity?

Reference no: EM131017769

Questions Cloud

What is the breakeven price for sarah : Sarah owns a custom t-shirt business in Madison. The quantity of t-shirts that her company can produce (q) depends on the amount of capital (K) and labor (L) that she employs. What is the Breakeven Price for Sarah? This is the price at which she ma..

Use the internet to research the current provisions : Use the Internet to research the current provisions and proposed changes reflected in the exposure draft for lease accounting under generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS). Be prepared to..

Submit an opinion paper about higher education finance : Paper required to submit an opinion paper that pulls together what they have learned. This paper should summarize the key things you have learned about higher education finance.

Is there a difference between racism and prejudice : Which argument do you find more convincing and why? Is there a difference between racism and prejudice? If so, what is the difference?

What probability model might be appropriate : From historical records, the mean number of eruptions or instances of major seismic activity is 2.4 per year. A researcher is interested in modeling the number of eruptions or major seismic activities over the 5-year period, 2005-2010. What probab..

In managerial accounting please provide some insight : In managerial accounting please provide some insight on the psychology of budgeting and how it affects the employees.

What probability that at least one passenger will be bumped : Airlines overbook (sell more tickets than there are seats) flights, based on past records that indicate that approximately 5% of all passengers fail to arrive on time for their flight. Suppose a plane will hold 250 passengers, but the airline book..

How does race play a role in our lives : How does race play a role in our lives - Read the articles and tell us if you were surprised by the article or not and why.

Provide an analysis for each of the passages turabian format : Provide an analysis of 200-250 words for each of the passages Turabian format - The theme of my paper is on Wisdom.

User Account

All Pages