Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Eddie's Bicycle Shop has a thriving business repairing bicycles. Trisha runs the reception area where customers check in their bicycles to be repaired and then later pick up their bicycles and pay their bills. She estimates that the time required to serve a customer on each visit has a uniform distribution between 3 minutes and 8 minutes. Apply the inverse transformation method as indicated below to simulate the service times for five customers by using the following five uniform random numbers: 0.6505, 0.0740, 0.8443, 0.4975, 0.8178.
(a) Apply this method graphically.
(b) Apply this method algebraically.
(c) Calculate the average of the five service times and compare it to the mean of the service-time distribution.
(d) Use Excel to generate 500 random observations and calculate the average. Compare this average to the mean of the service-time distribution.
Verified Expert
The problem mainly focuses on the average of the five service times and compare it to the mean of the service-time distribution also used Excel to generate 500 random observations and calculate the average, compare this average to the mean of the service-time distribution.
I only need help with question c. I cannot generate 500 random numbers. You stated you will provide me with the answer to question d. It actually questions c. that I need the answer to. Thank you!
At a certain University, it was found that historically, 10 percent of Ph.D. students fail the program. In a sample of 5 randomly selected Ph.D. Students, find the probability that 3 would fail.
A hypothesis will test that two population means are equal. A sample of 10 with a standard deviation of 3 is selected from the first population and a sample of 15 with a standard deviation of 8 from the second population.
Using the following information, find the equation of the regression line, and predict the heart rate when 0.27 milligrams of the drug is used.
unisys maintains a hurricane database which provides information on hurricanes in the atlantic caribbeangulf of mexico
an investment company pays 6 compounded semiannually. you want to have 12000 in the future.a how much should you
Health Outcome of Interest
Assume that the probability for each customer to show up is 92%. (a) What is the probability that someone will be bumped out?
after a military campaign sample of 59 soldiers were examined it was determined that 32 of them suffered from lifetime
When you give a casino $10 for a bet on the "pass line" in the game of craps, there is a 244/495 probability that you will win $10 and a 251/495 probability that you will lose $10. What is your expected value?
The following data are daily price quotations of two stocks:
Suppose that nX = 42 imported and nY = 50 domestic cars are sampled and their average miles per gallon are 23.5 and 20.1, respectively. Find a 99% confidence interval for the difference µX - µY .
1. In an experiment on the uptake of solutes by liver cells, a researcher found that six determinations of the radiation, measured in counts per minute after 20 minutes of immersion, were:
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd