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8 Customers arrive at the checkout counter of a supermarket at an average rate of 10 per hour, and these arrivals follow a Poisson distribution. Using each of the following two methods, find the probability that exactly 4 customers will arrive at this checkout counter during a 2-hour period. a. Use the arrivals in each of the two non overlapping 1-hour periods and then add these. (Note that the numbers of arrivals in two non over lapping periods are independent of each other.) b. Use the arrivals in a single 2-hour period
a sample of 12 observations is selected from a normal population for which the population standard deviation is known
fine motor skills were measured in a sample of kindergarteners before and after 6 months of occupational therapy.
consider a birth and death process having three states 0 1 and 2 and birth and death rates such that h0 u2. use the
Difference Between Samples with Same or Equal Mean
A stock price is $30, the expected return is 18% per annum and the volatility is 20% per annum. What is the mean of the logarithm of the stock price in two years?
Find out optimal decision
1) A student organization at a university is interested in estimating the proportion of students in favor of showing movies biweekly instead of monthly. A SRS of 423 students revealed that 180 are in favor of showing movies biweekly.
According to the regional bar assoc., 60% of people who take the bar exam pass. Find the approximate probability that at least 61% of 200 randomly selected people taking the bar will pass. Round to three decimal places as needed.
a researcher wishes to determine whether happiness and marital status are dependent from one another. the table below
would this prove that they are exceeding their goal, using = .025?
Assuming that the Poisson distribution is a plausible model in describing variability of asbestos fiber counts in filters; derive a 95% confidence interval indicating the variability in the average number in asbestos fibers.
identify at least one example of probability encountered in everyday life.explain how probability is used in that
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