User Account

All Pages

What is the expected number of sales

Assignment Help Basic Statistics
Reference no: EM131718032

A car dealer averages one sale per 20 car showings. 

a) If the dealer shows 100 cars, what's the expected number of sales? What's the variance of the number of sales if n=100, assuming independence?

b) What's the probability that the dealer sells 1 or fewer cars in 100 showings?

Reference no: EM131718032

Questions Cloud

Assess performance appraisal and motivation techniques : Assess Performance Appraisal and Motivation Techniques. Research components of performance appraisal and appraise the usefulness towards motivating employees.
Story-narratives that attribute a different meaning : Review the posts of your classmates and respond to at least two of them. Be respectful of what others reveal about themselves, friends, and family
What is the cpt code for simple drainage of a finger abscess : What is the CPT code for simple drainage of a finger abscess - What ICD-10-CM code would be assigned for a patient with acute tubule-interstitial nephritis
Identify one issue regarding factors of utility analysis : How would you determine that the three tests are adequate for addressing the purposes of selection, placement, promotion, and career training?
What is the expected number of sales : If the dealer shows 100 cars, what's the expected number of sales? What's the variance of the number of sales if n=100, assuming independence?
Review problem-arbon computer corporation : Arbon Computer Corporation (ACC) produces a popular PC clone. The sales manager for ACC has recently read a report that indicated that sales per sales.
Identify the unconditioned stimulus : Describe how your learning could have occurred through classical conditioning. Identify the unconditioned stimulus
Z-values and raw scores : You need to calculate either the appropriate z-value or x-value for the following problems. Z-values should always to rounded to 2-decimal places.
Prepare a bond amortization schedule for the term of bonds : The bonds' trading value was $1,728,900 on September 30, 2015. Prepare a bond amortization schedule for the term of the bonds

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd