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Business Statistics Study Set 1
Exam 5: Discrete Probability Distributions
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Question 41
Short Answer
Referring to Scenario 5-9, what is the probability that in the next 1,000 custoers, the chain will have at least one mishandled bag? ANSWER: 0.9828 TYPE: PR DIFFICULTY: Easy KEYWORDS: Poisson distribution -Referring to Scenario 5-9, what is the probability that in the next 1,000 customers, the hotel chain will have more than eight mishandled bags?
Question 42
True/False
The diameters of 10 randomly selected bolts have a binomial distribution.
Question 43
True/False
In a Poisson distribution, the mean and standard deviation are equal.
Question 44
Short Answer
SCENARIO 5-4 The following table contains the probability distribution for X = the number of traffic accidents reported in a day in a small city in the Midwest.
X
0
1
2
3
4
5
P
(
X
)
0.10
0.20
0.45
0.15
0.05
0.05
\begin{array} { c | | c | c | c | c | c | c | } X & 0 & 1 & 2 & 3 & 4 & 5 \\\hline \hline P ( X ) & 0.10 & 0.20 & 0.45 & 0.15 & 0.05 & 0.05\end{array}
X
P
(
X
)
ā
0
0.10
ā
1
0.20
ā
2
0.45
ā
3
0.15
ā
4
0.05
ā
5
0.05
ā
ā
-Referring to Scenario 5-4, the variance of the number of accidents is _.
Question 45
True/False
The number of customers arriving at a department store in a 5-minute period has aPoisson distribution.
Question 46
True/False
Suppose that the number of airplanes arriving at an airport per minute is a Poisson process.The mean number of airplanes arriving per minute is 3.The probability that exactly 6 planes arrive in the next minute is 0.05041.