Solution-What is the probability that she would get at

What is the probability that she would get at least 20,000

Assignment Help Basic Statistics

Reference no: EM13958030

Jones figures that the total number of thousands of miles that an auto can be driven before it would need to be junked as an exponential random variable with parameter 1/20. Smith has a used car that he claims has been driven only 10,000 miles. If Jones purchases the car, what is the probability that she would get at least 20,000 additional miles out of it? Repeat under the assumption that the lifetime mileage of the car is not exponentially distributed but rather is (in thousands of miles) uniformly distributed over (0, 40).

Reference no: EM13958030

Questions Cloud

Find expressions for the events so that of e, f, and g : Let E, F, and G be three events. Find expressions for the events so that of E, F, and G

Differences in the structure of dna and rna : Directions: Write a 1 to 2 page, double-spaced paper in 12 pt. font in response to the following question. Find one article using AAU's LIRN (library) to use as support. Please use APA format. Please visit the Academic Resource Center for an ef..

Describe your products target market in detail : Choose the target market for your product, and describe your target market in detail. Create a new product which would appeal to your market.

What is the elasticity of demand between the two points : What is the elasticity of demand between the two points labeled A and B on the demand curve below?

What is the probability that she would get at least 20,000 : what is the probability that she would get at least 20,000 additional miles out of it? Repeat under the assumption that the lifetime mileage of the car is not exponentially distributed but rather is (in thousands of miles) uniformly distributed ov..

Difference between the genetic and the ecological : Read the report FAQ: Human Microbiome published by the American Academy of Microbiology. In your own words, describe the difference between the genetic and the ecological definition of the term "microbiome." What information from this was most sur..

Preble Company manufactures one product : Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card

What was the court verdict and penalty : What was the court verdict and penalty? Do you feel that it was appropriate? Why or why not? Support your opinion with research from at least two scholarly sources

Analyze the types of people that work at google : Analyze the types of people that work at Google, with respect to the business culture of the organization. Indicate one to two (1-2) qualities that define a leader at Google, and determine the typical background of a Google employee.

User Account

All Pages

What is the probability that she would get at least 20,000

Reference no: EM13958030

Reference no: EM13958030

Questions Cloud

Reviews

Write a Review

Basic Statistics Questions & Answers

Statistics-probability assignment

What is the least number

Determine the value of k

What is the probability

Binomial distributions

Caselet on mcdonald’s vs. burger king - waiting time

Generate descriptive statistics

Sampling variability and standard error

Estimate the population mean

Conduct a marketing experiment

Find out the probability

Linear programming models

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT