Demands in excess of initial stock

Assignment Help Basic Statistics
Reference no: EM131097994

Weekly demand for a certain brand of toothpaste in a local retail store has a Poisson distribution with expected value 5. The store replenishes the stock weekly so that the starting inventory on the shelf at the beginning of each week is 8. What is the expected shortfall at the end of the week? That is, what is the expected number of demands in excess of the initial stock?

Reference no: EM131097994

Questions Cloud

What are the boundary conditions for this system : E19: Numerical Methods for Engineering Applications Spring 2016 - HOMEWORK 12. Based upon the code, what are the boundary conditions for this system? What temperature are we assuming (either implicitly or explicitly) lies along the border of the pl..
Commenting on the validity of the reasoning : Consider the following scenarios, commenting on the validity of the reasoning that is being used. After an unusually dry autumn, a radio announcer is heard to say, "Watch out! We'll pay for these sunny days later on this winter." A batter who had ..
Produce female puppies : A geneticist conducts her survey and calculates hat p = 0.512. Which of the following is the most correct interpretation of this statistic? a) There is a 51.2% chance that a randomly selected gamete cell will have the male chromosome.
Four model of relationship between religion and science : Four Philosophy question that I need to be answered in paragraph style. I need them in 4 Hours
Demands in excess of initial stock : What is the expected shortfall at the end of the week? That is, what is the expected number of demands in excess of the initial stock?
Formation of wood andmaintains cell walls : Calciumis essential to tree growth because it promotes the formation of wood andmaintains cell walls. In 1990, the concentration of calcium in precipitation ina certain area was 0.15 milligrams per liter (mg/L). A random sample of 10precipitation ..
Extend the program to implement heun method : E19: Numerical Methods for Engineering Applications Spring 2016 - HOMEWORK 11. Extend the program to implement Heun's method (second order RK method with a = b = ½, α = β = 1), as well as the fourth order RK method given by yi+1 = yi + h/6(k1 + 2k2..
Effect of project-based learning on chemistry : In this project, you will prepare a case study about The Effect of Project-Based Learning on Chemistry RESEARCH PROBLEM: Is there any significant effect of project-based learning on chemistry?
Does this information make it easier to compute a maxflow : Does this information make it easier to compute a maxflow? Develop an algorithm that uses a given mincut to speed up ubstantially the search for maximum-capacity augmenting paths.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find probability woman chosen will meet minimum intake

Assume the FDA has established 200 grams of fruits and vegetables as minimum daily intake. Determine the probability woman selected will meet this minimum intake?

  The gas mileage of three different models of cars

A consumer group is testing the gas mileage of three different models of cars. Several cars of each model were driven 500 miles and the mileage was recorded as follows.

  Confidence interval for the cigarette tax

Findout the 98% confidence interval for true mean. Findout a 98% confidence interval for the cigarette tax in all 50 states.

  Mean time required to service the model

The owner was interested in the mean time required to service this model, and decided not to carry the model if the mean repair time appeared to be more than 40 minutes.

  Determining the confidence interval

A random sample of 10 miniature Tootsie Rolls were taken from a bag. Each piece was weighed on a very accurate scale. The results in grams were as follows:

  Probability of getting an average

Assume grades in a course follow a normal distribution. The average grade in a class is 75, and the standard deviation is 5 points. A professor takes a sample of 10 people in the class and calculates the average for that class is also 75. IN other..

  Consider the normal distribution of iqs with mean of 100

consider the normal distribution of iqs with mean of 100 and a standard deviation of 16. what percentage of iqs are

  What is the probability 0.10 called

What is the probability 0.10 called? 100 words

  Confidence interval and sample size calculation problems

By measuring the amount of time it takes a component of a product to move from one workstation to the next, an engineer has estimated that the standard deviation is 3.22 seconds.

  Dummy variable in regression analysis

First, describe in your own words (no direct quotes, please) what a dummy variable is and its purpose in regression analysis. Secondly, provide an example of where you might use a dummy variable from your own professional experience.

  A survey of adults ages 18-29 found that 82 use the

a survey of adults ages 18-29 found that 82 use the internet.you randomly select 196 adults ages 18-29 and ask them if

  Find probability that members are significantly overweight

A membership drive in a metropolitan area resulted in 500 new members. What is the probability that 175 or more of the new members are significantly overweight?

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