Computing probability of waiting by cumulative distribution

Assignment Help Basic Statistics

Reference no: EM1315709

Q1) Waiting time, in hours, between successive speeders spotted by radar unit is continuous random variable with cumulative distribution function

F(x) = 0, x < 0,

= 1 - e^(-8x) x ≥ 0.

Determine probability of waiting less than 12 minutes between successive speeders

i) By using cumulative distribution function of X.

ii) By using probability density function of X.

Reference no: EM1315709

Questions Cloud

Theory question based on investment in stock : Theory question based on investment in stock - What if she repeats the experiment 10 times?

Sample standard deviations : The sample size n , the sample means, and the sample standard deviations for the two groups are given below.

Find brown''s cost of equity from retained earnings : Multiple choice questions on equity valuation and WACC and find Brown's cost of equity from retained earnings?

Calculating kind of returns to scale : Find out the range of outputs over which the firm's technology exhibits Increasing, Decreasing or Constant Returns to Scale.

Computing probability of waiting by cumulative distribution : Determine probability of waiting less than 12 minutes between successive speeders. By using cumulative distribution function of X.

Degree of freedom for paired samples t-test : In testing the difference between two means from two independent populations, the sample sizes do not have to be equal to be able to use the Z statistic.

Find the capital gains yield : Calculation of Firms growth Rate and Capital Gains Yield at given dividend options - Find the Capital Gains Yield?

Utility maximization formula : Complete the following table by computing the marginal utility per dollar for successive units of X, Y, and Z to one or two decimal places.

Determine the required return on this stock : Calculation of current required return on the stock - Determine the required return on this stock

User Account

All Pages