What is the probability that the last person to board

Assignment Help Applied Statistics
Reference no: EM13913804

One hundred people line up to board an airplane. Each has a boarding pass with assigned seat. However, the first person to board has lost his boarding pass and takes a random seat. After that, each person takes the assigned seat if it is unoccupied, and one of unoccupied seats at random otherwise. What is the probability that the last person to board gets to sit in his assigned seat?

Reference no: EM13913804

Questions Cloud

Explain what are brand equity, brand associations : Explain what are brand equity, brand associations, and their dimensions, using theories and references of brand marketing, having 'some' explanations using APPLE as a company
Interest and the discount amortization : (a) The issuance of the bonds. (b) The payment of interest and the discount amortization on December 31, 2014. (c) The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded. No. Date Account Ti..
What is the cash break-even point : Cool Shades, Inc. (CSI) manufactures biotech sunglasses. The variable materials cost is $1.74 per unit, and the variable labor cost is $.86 per unit. Suppose the firm incurs fixed costs of $948,000 during a year in which total production is 136,000 u..
Speed of sound in water : A fish finder uses sonar to find fish under water. It does this by sending out a pulse of sound and measuring the time for the sound to return. If it takes 0.016 s for sound to be detected after being emitted, how far away are the fish? Hint, the ..
What is the probability that the last person to board : One hundred people line up to board an airplane. Each has a boarding pass with assigned seat. However, the first person to board has lost his boarding pass and takes a random seat. After that, each person takes the assigned seat if it is unoccupied, ..
Return on investment and weighted average cost of capital : Discussion of capital structure of Ford Motor Company, Inc. as well as the calculation of the debt/equity ratio, earnings per share, return on investment and the weighted average cost of capital.
Find a specific mortgage product : Describe a situation where somebody may need a mortgage, find a specific mortgage product, and describe why the mortgage might be a good fit for the potential borrower's situation. Please take the opportunity to have fun in finance.
Identify qualitative characteristic or accounting convention : Identify the qualitative characteristic or accounting convention that applies, state whether or not the treatment is in accord with the accounting concept and generally accepted accounting principles, and briefly explain why.
Calculate annual depreciation allowances for both machines : DeYoung Entertainment Enterprise is considering replacing the latex molding machine it uses to fabricate rubber chickens with a newer, more efficient model. What is the initial net cash flow if the new machine is purchased and the old one is replaced..

Reviews

Write a Review

Applied Statistics Questions & Answers

  The box is a stamped non ordinary envelope

A box contains 40 envelopes of which 25 are ordinary and 15 are unstamped. The number of unstamped ordinary envelopes is 10. What is the probability that an envelope chosen at random from the box is a stamped non ordinary envelope ?

  What is this maximin value

What is this maximin value

  Henry performed a two-tailed test for an experiment

Henry performed a two-tailed test for an experiment in which N=24. He could not find his table of t critical values, but he remembered the tcv at df=13. He decided to compare his tobt with this tcv. Is he more likely to make a Type I or a Type II err..

  What is the effect of the sample size on the width of the

A random sample of 89 observations produced a mean x (x bar) = 25.8 and a standard deviation s= 2.4. - find a 95, 90, and 99% confidence interval for u. In a sample of 304,000 items mailed between Dec. 10 and Mar. 3, the accounting firm determined th..

  Pick a lottery game

Pick a lottery game

  A randomized, controlled experiment investigated

A randomized, controlled experiment investigated

  A traffic engineer is studying a stretch of road on a rural

A traffic engineer is studying a stretch of road on a rural highway. At his observation point, an average of 12 vehicles per hour pass. The vehicles are independent of each other. 1. What is the probability that fewer than 5 vehicles pass betwee..

  Estimate of the population slope and interpret its meaning

Construct a scatter plot, using sales as the dependent variable and median family income as the independent variable. Discuss the scatter plot.

  Developing a regression equation

Carry out a validation study, an I/O psychologist is developing a regression equation from data collected from those hired two years ago.

  Create a table of probabilities for each sum possibility

A game is proposed to you using two six-sided dice and one roll per turn. Two points are scored when the sum of the two dice equal a 'predetermined number' of your choice. One point is scored when at least one of the die equal half of the same 'prede..

  The frequency distribution of daily high temperatures

Question: 1) Suppose that the frequency distribution of daily high temperatures in a city are normally distributed with a mean of 60 degrees. Suppose that roughly one day every two years has a high temperature of 90-degrees or warmer. If this is the ..

  Create a stem and leaf chart for the variable money.

Create a stem and leaf chart for the variable money.

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