What is the probability that all the passengers

Assignment Help Basic Statistics
Reference no: EM131050489

The probability that an airplane passenger misses his/her fight is only .05. A typical airplane has 100 seats. If all the tickets are sold:

a) What is the probability that all the passengers make it to the flight?

b) What is the probability that at least one passenger does not make it to the flight?

c) What is the probability that two or more passengers does not make it to the flight?

Reference no: EM131050489

Questions Cloud

Annual debt service payment to be same for both financings : Assume the rate on the issuance of $100m of 100-year bonds is 7.5%; the annual debt service payment would be $7.505m. How high would the interest rate have to be on 30-year bonds for the annual debt service payment to be the same for both financings?
What are the pros and cons of this approach : last conklin inc had a total assets turner of 1,33 and equity multiplier of 1.75 its sales were 295,000 and its net income was 10,600. the cfo believes the company could have operated more effiently, lowered its cost, and increase its net income by 1..
What if the opportunity cost of capital : Suburban Hospital has two options in how to purchase some EDP equipment with a list price of $5m. Option one is a 15% reduction in the price of the equipment but the hospital has to pay the full amount at the time of purchase. What if the opportunity..
What were the dilemmas on the team : What were the dilemmas on that team? What, from this chapter, would address that dilemma? Your Assignment this week will be to put together a Microsoft PowerPoint presentation.
What is the probability that all the passengers : The probability that an airplane passenger misses his/her fight is only .05. A typical airplane has 100 seats. If all the tickets are sold: a) What is the probability that all the passengers make it to the flight?
Accounting break-even level of production : West County Corp. is considering a new project with estimated depreciation of $34,000, fixed costs of $35,000, and total sales of $73,600. The variable costs per unit are estimated at $4.60. What is the accounting break-even level of production?
The holding period is a useful way to compare investments : The holding period is a useful way to compare investments because it considers the time value of money. only capital gains, but not income. both income and capital gains or losses. A) the relative size of investments being compare.
If the company were financed entirely by equity : Moji Mont Company has a debt–equity ratio of .25. The required return on the company’s unlevered equity is 15 percent, and the pretax cost of the firm’s debt is 8.0 percent. Sales revenue for the company is expected to remain stable indefinitely at l..
What is the NPV of opening the mine in one year : Hick Mining is evaluating when to open a gold mine. The mine has 48,800 ounces of gold left that can be mined, and mining operations will produce 6,100 ounces per year. The required return on the gold mine is 11 percent, and it will cost $34.1 millio..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability that hip fracture due to osteoporosis

According to a recent study, 38% of all women will suffer a hip fracture because of osteoporosis by the age of 85. If six women aged 85 are randomly selected, what is the probability that a) None of them will suffer (or has suffered) a hip fractur..

  You plan to conduct a survey to find what proportion of the

you plan to conduct a survey to find what proportion of the workforce has two or more jobs. you decide on the 99

  Compute the summary statistics required for determining the

q1. following are the scores on a teacher certification test administered prior to hiring x and the principals ratings

  Compute probability to win at least one prize

A person has purchased 5 of 1,000 tickets sold in a certain raffle. To determine the 10 prizewinners, 10 tickets are drawn at random and without replacement. compute the probability that he wins at least one prize.

  Can consumer group report in next publication

Based on the results of the test, can the consumer group report in its next publication that the tires last less than 60,000 miles?

  What is the sensitivity and specificity of the test

Using a test, 80% of Down's Sydrome cases can be identified, while 5% of normals are detected as positive. What is the sensitivity and specificity of the test?

  Prepare lp model to determine the number of ads in outlet

There must be at least two 103.1 Radio ads. Formulate the LP model to determine the number of ads in each outlet and maximize the effective audience contact.

  Calculate the correlation between age and weigh

Established that the relation between age, and weight is somewhat linear. He calculated that the correlation between age and weight is 0.514. Describe the association.

  60 of my students are females and 40 males the average

60 of my students are females and 40 males. the average height for females is 5.8 and average for males is 6.find the

  Probability and odds in favor of event

The odds in favor of an event are the number of successes divided by the number of failures. The probability of this event occurring is the number of successes divided by the sum of the number of successes and the number of failures.

  Full interpretation of the results

The results are analyzed via two- factor ANOVA, one factor being network and the other factor being news time. Complete the following ANOVA table for this study, and give a full interpretation of the results.

  State the multiple regression equation that predicts

Normal 0 false false false EN-US X-NONE X-NONE State the multiple regression ..

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