Appropriate for the performance measures

Assignment Help Basic Statistics
Reference no: EM13100832

Customers at a bank wait in a single line for the next available teller. Customer arrivals can be modeled by a Poisson distribution that has a mean of 70 per hour during the midmorning hours. A teller can process an average of 100 customers per hour, which also can be modeled by a Poisson distribution. If there is one teller on duty, determine:

a. The average time a customer must wait in line for the letter.

b. The average number of customers waiting in line.

c. Average service time.

d. System utilization.

e. The probability of no customers waiting in line.

What values would be appropriate for the performance measures listed in the preceding problem for the case in which two tellers are available?

Reference no: EM13100832

Questions Cloud

Determining probability distribution : What is meant by a probability distribution? Discuss how you could use one of the text probability distribution at your workplace to help solve a business problem.
Explain culturally contingent leadership behaviors : What are the culturally contingent leadership behaviors and attributes? What are the positive leadership behaviors and traits that are universally accepted that facilitate leadership effectiveness?
Write thesis statements in center for writing excellence : Review information about thesis statements in Center for Writing Excellence. Recognize your point of view and point you will prove in paper.
Describe advantages and disadvantages of globalization : What are the advantages and disadvantages of globalization? Provide an example of a firm that has engaged in globalization. What are some of the potential advantages and disadvantages of globalization for this particular organization?
Appropriate for the performance measures : What values would be appropriate for the performance measures listed in the preceding problem for the case in which two tellers are available?
Mcq-poisson probability : Consumers reported on average 1.7 problems per vehicle with a popular make and model of a 2006 car. We randomly select a vehicle of the same make, model, and year.
How facility layout affect numerical analysis : Peter's Paper Clips uses a three-stage production process: cutting wire to prescribed lengths, inner bending, and outer bending. The cutting process can produce at a rate of 150 pieces per minute.
Average number of customers waiting for service : Suppose it has been determined that the average number of customers waiting for service is 1.929. There are two servers. Determine:
Raw score from probability for normal distribution : The credit score of a 35 year old applying for a mortgage at Ulysses Mortgage Associates is normally distributed with a mean of 600 and a standard deviation of 100.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability based on binomial to normal approximation

At one excavation site 8641 pot shards have been found that not yet been cleaned and identified. What is the probability that:

  Probability of identifying the odd sample

With a Rejection Region of 8, 9 or 10, what is the probability of a Type II error, if the job applicant has a probability of identifying the odd sample with p = 0.5?

  Forecasted value using exponential smoothing method

Use simple exponential smoothing with α = 0.33 to forecast battery sales for February through May. Assume that the forecast for January was for 22 set of tires.

  Null and alternative hypothesis

Explain the difference between the null and alternative hypothesis. Which one can be proven in a statistical sense?

  Mathematical placement test to all entering freshmen

A mathematical placement test is given to all entering freshmen at a small college. A student who receives grades below 35 is denied admission to the regular mathematics course and placed in a remedial class.

  Solve linear programming problem using solver

A farmer in Iowa owns 45 acres of land. He is going to plant each acre with wheat or corn. Each acre planted with wheat yields $200 profit, requires 3 workers, and requires 2 tons of fertilizer; each with corn yields $300 profit, requires 2 worker..

  Annual salaries for federal employees

In the early years of the twenty-first century, annual salaries for federal employees in the Upper Midwest averaged approximately $42,000, with a population standard deviation (σ) of $4,900. If we drew a random sample of 25 federal employees from ..

  What is the z-score and p-value

The Weschsler IQ test has a μ =100 and a σ = 15. A vitamin company said if people took vitamin X for 30 days their IQ would improve. A simple random sample of 49 people took the vitamins for 30 days. They then took the IQ test. The mean IQ of the ..

  Minimum number of cashiers required

A store has an average of 25 people arriving each minute to checkout and each person on the average require 4 minutes to be processed at the checkout. What is the minimum number of cashiers required?

  Correlation-audience impressions and album sale

The table below lists the number of audience impressions (in hundreds of millions) listening to songs and the corresponding numbers of albums sold (in hundreds of thousands).

  What are the dependent and independent variables

To investigate he selects a sample of eight weeks and determines the number of new cars sold and the number of sales people on duty for that week. a) What are the dependent and independent variables?

  Linear relationships into a single multiple regression

Computing a linear regression equation to predict the future values of the dependent variable Y - Linear relationships into a single multiple regression.

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