What is the probability that all 6 orders arrive

Assignment Help Basic Statistics
Reference no: EM132012027

It has been identified that a binomial distribution fits the delivery commitment of Amazon orders "3 days or less" and this is met 95% of the time. If six customer orders are tracked:

  1. What is the probability that all 6 orders arrive within this commitment period?
  2. What is the probability that exactly 5 arrive within this commitment period?

Reference no: EM132012027

Questions Cloud

Create simple models for finding the ytm of bond : Create simple models for finding the YTM of a bond, then perform several sensitivity analyses.
What is the future of enterprising : An undergraduate psychology degree provides you with some flexibility when selecting a career. The knowledge of how people think, develop, and behave.
Number of annuity payments : Joey realizes that he has charged too much on his credit card and has racked up $4,900 in debt. how long will it take him to pay off the debt?
Case study on incident response and business continuity : 7COM1066 - Information Security Management & Compliance - University of Hertfordshire - Case Study on Incident Response & Business Continuity
What is the probability that all 6 orders arrive : What is the probability that all 6 orders arrive within this commitment period?
Assuming that speculative premium : Assuming that the speculative premium remains $3.50 over the intrinsic value, how far would price of stock have to fall from $80 before warrant has no value.
What are the strengths and limitations of the theories : How could Brandi's behavior be explained using social learning theory? What are the strengths and limitations of these two theories as applied to this example?
Distribution important in statistical analysis : What is meant by the term "Normal Distribution". Is the normal distribution important in statistical analysis
Probability of not running out during the week : Dr. Pepper in a week to be .995. How many bottles should they stock at the beginning of the week to have a .995 probability of not running out during the week?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find the hypothesis test is one tailed and two tailed test

Use any method to decide whether to rejects or fail to reject the null hypothesis. Then interpret the decision in the context of the original claim.

  Prove that the population distribution is normal

Based on this sample, can you conclude that the machine needs an adjustment? Explain. Assume that the population distribution is normal.

  Problem regarding the divorce counseling

One program is designed for divorce counseling; the key feature of the program is its counselors, who are married couples working in teams.

  Likelihood that the sample mean

Calculate the likelihood that the sample mean is between $492 and $512. And what is the probability the sample mean is greater than $550?

  Which percentage of nba players have a lower ft

Proportion of free throw attempts that are successful. In the NBA, FT% is normally distributed with a mean of 0.721 and a standard deviation of 0.082. Which percentage of NBA players have a FT% lower than 0.784?

  Consider the estimator xn1 for is this estimator unbiased

suppose that n items are sampled from a manufacturing process and the number of de- fective items found among these is

  Conduct a hypothesis test using the p-value method

Reccomend asprin for their patients with children Conduct a hypothesis test using the P-Value method. What conclusions would you make when a=o.2 and a=0.02.

  Probability that particular serving contains fewer calories

Assume that the number of calories in a McDonald's Egg McMuffin is a normally distributed random variable with a mean of 290 calories and a standard deviation of 14 calories. What is the probability that a particular serving contains fewer than 300..

  What is the smallest random sample

What is the smallest random sample that must be taken in order for the mean squared error of the Bayes estimator of 0 to be 0.01 or less?

  Discuss aspect of system security and system administration

Keeping the critical operating systems patches current is an important aspect of both system security and system administration.

  Find probability at least one of stocks increase in value

Equally likely chances of (1) increasing in value, (2) decreasing in value, or (3) remaining the same value. Calculate the probability at least one of the stocks increase in value.

  What is the value of the chi square statistic

What are the coefficients for the significant variables and using the intercept coefficient and only the significant variables, what is the equation?

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