Probability of nine or more accidents

Assignment Help Basic Statistics
Reference no: EM131852911

On the average five accidents per 10, 000 passing vehicles have been observed on a particular piece of road. What is the probability that, in the next interval of 10, 000 passages, between two and eight accidents will be observed? (Assume that the number of trials-possible accident situations-is sufficiently large that a Poisson approximation is valid.) Suppose a new side road entering on this road has been added and it is desired to study its influence on safety: that is, has the average accident rate increased since this road was added? This question will be studied by observing the number of accidents in the next interval of 10, 000 cars. The problem is that that number is random, and even if there has been no degradation of safety (i.e., no increase in average accident rate), there is a small probability that a large number of accidents will occur in the next interval. Suppose in this case nine accidents were observed in the 10, 000 car interval after the side-road installation. Has the average rate increased or was this just a rare occurrence of a large number of accidents with the unchanged average rate of 5? In practice this question is often answered by saying, "If the observation represents a ‘quite rare' event (say with probability of occurrence less than 5 percent) for an unchanged average rate, then ‘probably' the rate is not unchanged but increased." Is the probability of nine or more accidents with an unchanged average rate 5, small enough."

 

 

Reference no: EM131852911

Questions Cloud

Advantages of using the statement of cash flow : When computing free cash flows from operations, what is the difference in the computation when computing for all debt and equity stakeholders versus common.
Moments of the estimator of the mean : What are the true values of these moments of the estimator of the mean?
How the manager stimulated innovation in the organization : Describe how the organization overcame the resistance to the change. Identify how the manager stimulated innovation in the organization.
Apply techniques related to complex project management : PPMP 20014 Complex Project Management - Identify different tools and techniques to aid a project manager manage complex projects
Probability of nine or more accidents : Is the probability of nine or more accidents with an unchanged average rate 5, small enough."
What is yield to maturity of the bond-what is current yield : What is the yield to maturity of the bond? What is the current yield?
Find the distribution of the remaining strength : (a) Find the distribution of the remaining strength of any member. (b) What is the probability that any particular member will fail when subjected to an applie
What if the distribution was paid : Elk Company reports negative current E & P of $200,000 and positive accumulated E & P of $300,000. Elk distributed $200,000 to its sole shareholder.
How the project is on track with the original time schedule : how the project is on track with the original time schedule and expectations. The timeline should be in a table format, outlining each specific task of project.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Review problem-modeling product sales

Modeling product sales. A company wants to model the total weekly sales, y, of its product as a function of the variables packaging and location.

  Marsha and bradley were married in november

Marsha and Bradley were married in November 2011 and they will file a joint return and claim their personal exemptions.

  Indicate the selling prices of houses located

The data in the Excel spreadsheet linked below indicate the selling prices of houses located on corner lots ("corner-lot houses") and of houses not located.

  Calculating the mean of distribution

Based on the expected value of the lottery ticket, would you pay $1 for a ticket? Round the answer to 3 decimal places. Omit the "tiny_mce_markerquot; sign in your response.)

  What is the probability that more than 950 will accept

Assuming that students make their decisions independently, the number who accept has the B (1200, 0.75) distribution. If this number is less than 950, the college will admit students from its waiting list.

  Conduct a one-tailed hypothesis test given the information

conduct a one-tailed hypothesis test given the information below.a manufacturer wants to increase the shelf life of a

  Table of data represents a linear relationship

Suppose that you are reviewing a table of data from a study. It's stated that the table of data represents a linear relationship.

  How random numbers can be generated

For the statistical package that you intend to use, write out how data can be entered, how random numbers can be generated.

  Find average nox level for the fleet is greater

A company has 25 cars of this model in its fleet. What is the level L such that the probability that the average NOX level for the fleet is greater than L is only 0.01?

  Constructing a confidence interval

In a random survey of 226 self-employed individuals, 20 reported having had their tax returns audited by the IRS in the past year. Estimate the proportion of self- employed individuals nationwide who've been audited by the IRS in the past year. a)..

  1a sample of 50 male and 50 female infants were put on an

1.a sample of 50 male and 50 female infants were put on an experimental infant formula. after two weeks the parents of

  Find variance and standard deviation of smokers in a sample

Given that 30% of US adults are smokers, find the average of the random variable X= # of smokers in a random sample of 50 residents of the USA, also find the variance and standard deviation of X.

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