Find the probability that the company will meet its goal

Assignment Help Basic Statistics
Reference no: EM132012097

A telephone company's goal is to have no more than five monthly line failures on any 100 miles of line. The company currently experiences an average of two monthly line failures per 50 miles of line. Let x denote the number of monthly line failures per 100 miles of line. Assuming x has a Poisson distribution:

a. Find the probability that the company will meet its goal on a particular 100 miles of line.

b. Find the probability that the company will not meet its goal on a particular 100 miles of line.

c. Find the probability that the company will have no more than five monthly failures on a particular 200 miles of line.

d. Find the probability that the company will have more than 12 monthly failures on a particular 150 miles of line.

Reference no: EM132012097

Questions Cloud

Conduct a swot analysis of the environmental force : With your selected health care organization (United Healthcare) in mind, conduct a SWOT analysis of the environmental force/trend you selected.
Use smooth curves to examine the relationship : Fuel consumption with a line - If your have the appropriate software, use smooth curves to examine the relationship
Which factors best explain why google was so successful : Which factors best explain why Google was so successful in the first place? Were any of these conditions for success put in jeopardy by the decision to launch.
Determine the null and alternative hypotheses : Determine the null and alternative hypotheses. Choose the correct answer below.
Find the probability that the company will meet its goal : a. Find the probability that the company will meet its goal on a particular 100 miles of line.
What is the expected return for stock with beta : What is the expected return for a stock with a beta of 1.8?
How much interest did she earn during third year after : Amy placed $10,000 in an account that has been earning interest at 7% compounded annually for the last 10 years.
Hat is the current price of the bonds : Your company issues 8% coupon bonds with a face value of $1,000. What is the current price of the bonds?
Find the apy corresponding to the given nominal rate : A bank offers a five-year CD paint an annual rate of 4.69% compounded monthly with a minimum investment of $1000.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Is the alternative hypothesis one sided or two sided

One sided or two? In each of the following situations, is the alternative hypothesis one-sided or two-sided? What are the hypotheses?

  Formulate an lp model for problem

A company has $1,00,000 to invest in new R&D projects.  The company wants to determine what set of projects should be selected. The following table summarizes the initial cost and revenue potential for each of the projects.

  What is the probability that you draw a bay

What is the probability that you draw a bay or a red dun on the first draw, replace that horse, and then draw a black horse?

  Ideal op amps and resistors

Use two ideal op amps and resistors to implement the Vo = v1 +2v2 - 3v3 - 5v4 In each case find the input resistance seen by each of the signal sources supplying v1, v2, v3, and v4. Suggest at least two additional summing functions that you can re..

  Draw the selected ball is returned

An urn contains 9 black and 7 pink balls. Five balls are drawn from urn in succession, with replacement that is, after each draw the selected ball is returned

  Find the mean and variance of x

The moment generating function for a random variable X is MX(t) = (1 - at) -k. Find the mean and variance of X.

  Situation faced by both scott patterson and larry ingram

1. Describe the situation faced by both Scott Patterson and Larry Ingram. 2. What would you do if you were Scott Patterson?

  Help keep the environment clean

First question is: Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean.

  Find the mean and standard deviation for the population

In a population distribution, a score of X =28 cor- responds to z = 21.00 and a score of X =34 cor- responds to z = 20.50. Find the mean and standard deviation for the population.

  Independent identically distributed random variables

X1 and X2 are independent identically distributed random variables with expected value E[X] and variance Var[X].

  Find the mean strength of the three types of shocks

Do these data present sufficient evidence to conclude there is a difference in the mean strength of the three types of shocks after 20,000 miles?

  What is the probability that a random sample

What is the probability that a random sample of 16 people in the elevator will exceed the weight limit?

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