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1) Customers join the waiting line of a post office at average rate of 3 customers per minute. What is the probability of exactly 6 customers arriving into the post office within the next two minutes (assume Poisson distribution)
2) Average number of students asking for help at the library circulation desk is five per minute. What is the probability of at least 4 students asking questions within the next minute (assume Poisson Distribution)
3) This is Jim's senior year at college and he is sending applications to potential employers. There is a 3% chance for each application to get a job offer. Jim has already sent 85 applications. What is the probability of receiving at least 4 job offers (assume binomial distribution)
Formulate and solve linear program for determining how many copies should be assigned to each printing firm to minimize the total cost of obtaining 75,000 acceptable-quality reports?
Part 1. What is the appropriate distribution for such data? Part 2. Is this lot anomalous?
It is known that song length is not normally distributed. Suppose a sample of 25 songs is taken from the population. What is the approximate probability that the average song length will last more than 3.5 minutes? Round to the nearest thousandth.
one of the issues that environmental engineers are concerned with involves lake pollution. suppose for a given lake a
Find the percentage of the 1000 enemy that will be destroyed.
according to a website about salaries the national average salary as of october 2003 for a human resources clerk was
Fuel Consumption and Cars New hybrid automobiles run on both gasoline and electricity. Toyota claims the Prius is capable of traveling 15 miles on electricity.
Q1) Explain acquisition multiple (i.e adjusted EBITDA) and when do you use it? Q2) Explain WACC, COD, and COE. Q3) Explain ARPU for the industry that is relyi
If the bid is accepted , the company will make $36000 minus the cost of the bid. What is the expected value in this situation?
Marketing and Consumer Behavior. A successful company usually has high brand-name and logo recognition among consumers.
Identify the threats to internal validity of the design and explain how such threats could influence the conclusions the study made.
the cholesterol found in eggs is normally distributed with a mean of 200 mg. and a standard deviation of 8 mg. if a
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