What probability that at least 25 cases occur in given year

Assignment Help Microeconomics
Reference no: EM131029444

Suppose a rare infectious disease occurs at the rate of 2 per 106 people per year.

(a) What is the probability that in New York City (population about 8 million) exactly 25 cases occur in a given year?

(b) What is the probability that at least 25 cases occur in a given year?

Reference no: EM131029444

Questions Cloud

How that specific character motivations : select one character (Mama, Ruth or Walter) and provide one example and explain the example related to how that specific character's motivations, concerns, and/or personalities reflect or defy social historical conditions
Determining product costs through market research : Determining product costs through market research, determining what costing strategies to use, pinpointing the specific target markets a small business will serve and discovering what the company's ETDB index is.
Physical therapy and health information management : For any department of your choosing (except for physical therapy and health information management, which are used in the chapter's examples), create a General Objective that identifies this department's overall mission, and provide a set of three to..
Eric thompson and his fiancée, miriam regalado : Eric Thompson and his fiancée, Miriam Regalado, worked for North American Stainless in Carroll County, KY. Miriam Regalado filed sexual discrimination charges with the EEOC against North American Stainless. About 3 weeks after the charge was filed, N..
What probability that at least 25 cases occur in given year : Suppose a rare infectious disease occurs at the rate of 2 per 106 people per year. What is the probability that in New York City (population about 8 million) exactly 25 cases occur in a given year?
What is reliance in business law contracts : What is reliance in business law contracts and an example of reliance?
Examine one issue of a popular magazine : Choose and carefully examine one issue of a popular magazine. Consider the articles, the photographs, and the advertisements in the issue, and report on your findings:What did you observe about the age
Discuss alices apparent authority : Pete tells Alice, his sales agent, that under no circumstances does she have authority to make any warranties covering goods she sells for Pete. The warranties that Alice makes are customary in the trade, Tom knows this, and Tom knows nothing about t..
Classmates'' postings : Your initial substantive response should be at least 500 words. You are required to respond to two of your classmates' postings. These responses must be at least 250 words each. All citations must be in Bluebook format. This week the assignment is fo..

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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