Probability of demand exceeding on a given day

Assignment Help Basic Statistics
Reference no: EM131619936

Question: The daily demand for rice at a departmental store in thousands of kilogram is found to follow gamma distribution with shape parameter 3 and scale parameter 1/z. Determine the probability of demand exceeding 5000 kg on a given day.

Reference no: EM131619936

Questions Cloud

Determine the payback period of the incremental investment : Payback Period and NPV of a Cost Reduction Proposal - Determine the payback period of the incremental investment if gasoline costs $3.50 per gallon
Define the moon interact with earth to create tidal currents : What plate tectonic process is responsible for deep sea trenches
What is the incremental income per common share : Each preferred share is convertible into 44 shares of common stock. What is the incremental income per common share
Discuss the properties of the triangular distribution : Suppose that cars arriving at a toll booth follow a Poisson process with a mean interarrival time of 15 seconds. What is the probability that up to one minute.
Probability of demand exceeding on a given day : The daily demand for rice at a departmental store in thousands of kilogram is found to follow gamma distribution with shape parameter 3 and scale parameter 1/z.
Define how are ocean waves formed : How does wave refraction concentrate erosion at headlands, How are ocean waves formed
List the symptoms of diabetes mellitus : 1. State the type of respiration that is most efficient and give a reason for your answer 2. List the symptoms of Diabetes Mellitus
Describe the two international events : Describe the two (2) international events involving the US military from the past five (5) years you investigated.
Define elevation of 0 feet at the base of the volcano : elevation of 13,475 feet at the top of a volano and an elevation of 0 feet at the base of the volcano

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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