Appropriate distribution to build simulation model

Assignment Help Basic Statistics

Reference no: EM1392188

A five-star hotel accepts 100 room reservations daily. For each reservation accepted, there is a 7% chance that the guest will not arrive. You decide to build a simulation model to describe the number of guests who will show up. The best appropriate distribution to use is

A. continuous uniform
B. Discrete uniform
C. Binomial
D. Normal
E. Triangular

And explain why?

Reference no: EM1392188

Questions Cloud

What criteria do you recommended to determine : What criteria do you recommended to determine the credibility of a source of information? Develop a list of no less than 10 elements you would use to determine the credibility of facts

Explain organization-time management element-online learning : Organization, time management, and effective communication are the main elements to online learning. Explain how you can use each of these elements toward the professional career.

Law of diminishing marginal utility : As in part A there is a 50% chance the share market crashes. If John maximises expected utility, what value of ß should he choose?

Random samples taken from the same population : Do you think that all random samples taken from the same population will lead to the same result?

Appropriate distribution to build simulation model : A five-star hotel accepts 100 room reservations daily. For each reservation accepted, there is a 7% chance that the guest will not arrive.

Activation of the macrophage : After phagocytosis of a pathogen, the phagosome becomes very acidic with the pH dropping to between 3.5 and four. However, some of the enzymes are important to kill pathogens only work when the pH is higher than five.

Identify five key economic variables that could represent : Identify five key economic variables that could represent major opportunities or threats to a bank in your town or city.

External sales and inter-divisional transfers : Your sales and costs figures should be split into external sales and inter-divisional transfers, where appropriate

Difference between the human male and female pelvis : There are many differences between the human male and female pelvis. Selectat least one of these differences for discussion. Explain the benefits of such pelvic adaptations in females.

User Account

All Pages