Question Details

(Answered) Use the following scenario to answer the next 6 questions. Let x


Use the following scenario to answer the next 6 questions. Let x
More Details:

Use the following scenario to answer the next 6 questions. Let x be a binomial random variable with ,

 

n = 10 and p =.4. Find the following values:,

 

1) P(x = 4) ,

 

,

 

,

 

,

 

,

 

2) P(x ? 4) ,

 

,

 

,

 

,

 

,

 

3) P(x > 4),

 

,

 

,

 

,

 

,

 

4) P(x ? 4) ,

 

,

 

,

 

,

 

,

 

5) E(x) =np ,

 

,

 

,

 

,

 

,

 

6) Standard Deviation = ?npq, where q = 1 - p,

 

,

 

,

 

,

 

,

 

Use the following scenario to answer the next 5 questions. As a way of fund raising, you decide to set up a hot dog stand, after a few weeks of doing this you sell 8 hot dogs every 10 minutes.,

 

,

 

7) What is the probability you will sell 3 or less hot dogs in 10 minutes?,

 

,

 

,

 

,

 

,

 

8) If you need to sell more than 3 hot dogs in 10 minutes to breakeven, what is the probability that you will break even in the next 10 minutes?,

 

,

 

,

 

,

 

,

 

,

 

9) What is the expected number of hot dogs sold in 1 minute?,

 

,

 

,

 

,

 

,

 

,

 

10) What is the expected number in 3 minutes?,

 

,

 

,

 

,

 

,

 

,

 

11) What is the probability of selling exactly 3 hot dogs in 3 minutes?,

 

,

 

,

 

,

 

Use the following scenario to answer the next 3 questions. A volunteer ambulance service handles 0 to 5 service calls on any given day. The probability distribution for the number of service calls is as follows.,

 

,

 

Number of service calls probability ,

 

0 .10 ,

 

1 .15 ,

 

2 .30 ,

 

3 .20,

 

4 .15,

 

5 .10,

 

12) What is the expected number of service calls?,

 

,

 

,

 

,

 

13) What is the variance in the number of service calls? ,

 

,

 

,

 

,

 

14) What is the standard deviation?,

 

,

 

,

 

Use the following scenario to answer the next 6 questions. Let x be a binomial random variable with ,

 

n = 10 and p =.4. Find the following values:,

 

1) P(x = 4) ,

 

,

 

,

 

,

 

,

 

2) P(x ? 4) ,

 

,

 

,

 

,

 

,

 

3) P(x > 4),

 

,

 

,

 

,

 

,

 

4) P(x ? 4) ,

 

,

 

,

 

,

 

,

 

5) E(x) =np ,

 

,

 

,

 

,

 

,

 

6) Standard Deviation = ?npq, where q = 1 - p,

 

,

 

,

 

,

 

,

 

Use the following scenario to answer the next 5 questions. As a way of fund raising, you decide to set up a hot dog stand, after a few weeks of doing this you sell 8 hot dogs every 10 minutes.,

 

,

 

7) What is the probability you will sell 3 or less hot dogs in 10 minutes?,

 

,

 

,

 

,

 

,

 

8) If you need to sell more than 3 hot dogs in 10 minutes to breakeven, what is the probability that you will break even in the next 10 minutes?,

 

,

 

,

 

,

 

,

 

,

 

9) What is the expected number of hot dogs sold in 1 minute?,

 

,

 

,

 

,

 

,

 

,

 

10) What is the expected number in 3 minutes?,

 

,

 

,

 

,

 

,

 

,

 

11) What is the probability of selling exactly 3 hot dogs in 3 minutes?,

 

,

 

,

 

,

 

Use the following scenario to answer the next 3 questions. A volunteer ambulance service handles 0 to 5 service calls on any given day. The probability distribution for the number of service calls is as follows.,

 

,

 

Number of service calls probability ,

 

0 .10 ,

 

1 .15 ,

 

2 .30 ,

 

3 .20,

 

4 .15,

 

5 .10,

 

12) What is the expected number of service calls?,

 

,

 

,

 

,

 

13) What is the variance in the number of service calls? ,

 

,

 

,

 

,

 

14) What is the standard deviation?,

 

,

 

,

 


Solution details:
STATUS
Answered
QUALITY
Approved
ANSWER RATING

This question was answered on: Dec 18, 2020

PRICE: $18.50

Solution~00031147883997.zip (25.37 KB)

Buy this answer for only: $18.50

This attachment is locked

We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free copy (Deadline assured. Flexible pricing. TurnItIn Report provided)

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Dec 18, 2020

EXPERT

Tutor

ANSWER RATING

GET INSTANT HELP/h4>

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN YOUR SET DEADLINE.

Order Now