The variance of the number of travelers ready to board

Assignment Help Basic Statistics
Reference no: EM131130925

Travelers arrive at a bus station from 6 a.m., according to a Poisson process with rate λ = 1 per minute. The first bus leaves minutes after 6 a.m.

(a) Calculate the mean and the variance of the number of travelers ready to board this bus if (i) has an exponential distribution with mean equal to 15 minutes and (ii) is uniformly distributed between 0 and 20 minutes.

(b) Calculate the average number of passengers on the bus if it leaves at 6:15 and if its capacity is 20 passengers.

Reference no: EM131130925

Questions Cloud

Explain similarity and differences between ifrs and us gaap : Explain the The similarities and differences between IFRS and US GAAP. IFRS adoption around the world, one country or a region. The history of the SEC's support for IFRS.
Discuss the advantages of bonds over common stock : Joe Penner, president of Penner Corporation, is considering the issuance of bonds to finance an expansion of his business. He has asked you to
Should she convert it into common stock : If the price of the common stock into which the bond is convertible rises to $30 per share after 5 years and the issuer calls the bonds at $1,080, should Annie let the bond be called away from her or should she convert it into common stock?
What is this project equivalent annual cost or EAC : A five-year project has an initial fixed asset investment of $295,000, an initial NWC investment of $27,000, and an annual OCF of −$26,000. The fixed asset is fully depreciated over the life of the project and has no salvage value. If the required re..
The variance of the number of travelers ready to board : Travelers arrive at a bus station from 6 a.m., according to a Poisson process with rate λ = 1 per minute. The first bus leaves T minutes after 6 a.m.
Which is not true about common core standards : Which is NOT true about Common Core Standards? Which is NOT a prerequisite skill for handwriting
Identify at least two ethical theories that support decision : Discuss an event in which you had to make an ethical decision. Identify at least two ethical theories that support your decision. Discuss the problem-solving methodologies you used to resolve the issue.
What is the carrying value of the outstanding carlin : What is the carrying value of the outstanding Carlin Corporation 5-year bonds on January 1, 2010? (Assume straight-line amortization.)
What is the rhetorical problem : What is the rhetorical problem and who are your readers, both known and unknown? Is this internal or external? What is the knowledge or interest level of your readers? If you know or don't know, how have you adjusted your style or tone?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Hypothesis testing-quarterly customer surveys

Quarterly customer surveys are taken at a medical center. Each individual department has scores and is comparted to the medical center average. Department of Physical Therapy had scores of 9.14, 9.19 and 7.75 for quarters 1-3 respectively.

  Statistics variance problem

We are interested in determining whether or not the variances of the sales at two music stores (A & B) are equal. A sample of 10 days of sales at store A has a standard deviation of 30, while a sample of 16 days of sales from store B has a standar..

  What is the probability that a random sample of 100 medium

question suppose that the medium coffees sold by a certain coffee shop have a mean volume of 16 ounces and a standard

  Seven books a b c d e f and g are to be arranged on a shelf

seven books a b c d e f and g are to be arranged on a shelf. how many ways can they be ordered so that exactly two

  Compare the average number of customers waiting average

burger dome sells hamburgers cheeseburgers french fries soft drinks and milk shakes as well as a limited number of

  Difference between the bmi for boston residents

Based on comparing the computed statistic to the critical value which of the following is true and BMI for Boston residents is significantly different than 25.

  Probability values based on normal distributionthe sony

probability values based on normal distribution.the sony corporation produces a walkman that requires two aa batteries.

  Claiming the population mean of all bear weights

Assuming that the standard deviation is known to be 121.8Ib use 0.05 significance level to test the claim that the population mean of all such bear weights is greater than 150 Ib

  Use the one-proportion z-test to perform an appropriate

use the one-proportion z-test to perform an appropriate hypothesis test. be sure to check the conditions for using that

  Which is influences a persons value system

Which one of the following influences a person's value system? Which one of the following have been found to be relatively universal values?

  What is the probability that any of the 40 men

At a large block party there are 40 men and 30 women. You want to ask opinions abouthow to improve the next party. You choose at random 4 ofthe men and separately choose at random 3 of the women tointerview.(a) What is the probability that any of the..

  Find the probabilities of the following results

If a patient from a study of 1000 people, who are equally divided into two groups (those taking a placebo and those taking Prozac), is experiencing nausea, what is the probability that he/she is taking Prozac?

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