a) This is an example of Poisson distribution.
average number of potholes in one mile stretch of road = 2* 3=6
Parameter
c) This is an example of binomial distribution, with
Parameters:probability of success ( Aggei's marbel ) p = 15/45=0.33
Total number of trials n=8
d) This is an example of geometric distribution
with parameter: the probability of success that the driver tries to make it through the intersection : p =0.22
We have to find the probability that it will take 5 trials (or light change ) until a driver tries to make it through the intersection
Part e) only There are several scenarios described below. For each of them, do the following...
1. There are several scenarios described below. For each of them, do the following (note: R.V. means random variable) (1) Define the R.V.--- that means something like, “Let X be the number of people who....." (2) Define the distribution and parameter(s) of the R.V. (3) Give the support of the R.V. (4) Write the probability statement related to the information being sought. Do not calculate the probability. a) The Bureau of Motor Vehicles in Michigan states that 4 out of...
SYNOPSIS The product manager for coffee development at Kraft Canada must decide whether to introduce the company's new line of single-serve coffee pods or to await results from the product's launch in the United States. Key strategic decisions include choosing the target market to focus on and determining the value proposition to emphasize. Important questions are also raised in regard to how the new product should be branded, the flavors to offer, whether Kraft should use traditional distribution channels or...