The speed with which utility companies can resolve problems is very important. GTC, the Georgetown Telephone Company, reports it can resolve customer problems the same day they are reported in 80% of the cases. Suppose the 14 cases reported today are representative of all complaints.
1.) What is the probability 10 or 11 of the problems can be resolved today?
2.) What is the probability more than 9 of the problems can be resolved today?
The speed with which utility companies can resolve problems is very important. GTC, the Georgetown Telephone...
The speed with which utility companies can resolve problems is very important. GTC, the Georgetown Telephone Company, reports it can resolve customer problems the same day they are reported in 76% of the cases. Suppose the 13 cases reported today are representative of all complaints. How many of the problems would you expect to be resolved today?
he speed with which utility companies can resolve problems is very important. GTC, the Georgetown Telephone Company, reports it can resolve customer problems the same day they are reported in 75% of the cases. Suppose the 12 cases reported today are representative of all complaints. a-1. How many of problems would you expect to be resolved today? (Round your answer to 2 decimal places.) a-2. What is the standard deviation? (Round your answer to 4 decimal places.) What is the...
The speed with which utility companies can resolve problems is very important. The Georgetown Telephone Company (GTC), reports that it can resolve customer problems the same day they are reported in 55% of the cases. Suppose that the 13 cases reported today are representative of all complaints. a-1. How many of the problems would you expect to be resolved today? (Round the final answer to 2 decimal places.) Number of Problems a-2. What is the standard deviation? (Round...
The speed with which utility companies resolve problems is very important. Georgetown Telephone Company reports they can resolve customer problems the same day reported in 70% of the cases. Suppose 15 cases reported today are representative of all complaints. What is the probability: Exactly 11 of the problems will be solved today? Less than 8 of the problems will be solved today? Exactly 5 of the problems cannot be solved today?
An important part of the customer service responsibilities of a telephone company relate to the speed with which interruptions in residential service can be repaired on the same day. Suppose that past data indicate that the likelihood is .54 that interruptions in residential service can be repaired on the same day. For the first six interruptions reported on a given day, what is the probability that:
An important part of customer service responsibilities of a telephone company relates to the speed with which troubles in residential service can be repaired. Suppose past data indicate that the likelihood is 0.8 that troubles in residential service can be repaired on the same day. For the first five troubles reported on a given day, what is the probability that less than 5 will be repaired on the same day? a. 0.0012 b. 0.4096 c. 0.0003 d. 0.6723 e. 0.9988
An important part of the customer-service responsibilities of a telephone company relates to the speed with which trouble in residential service can be repaired. Suppose that past data indicates that the probability is 0.70 that troubles in residential can be repaired at the same day. For the first seven troubles reported on a given day. Assume it follows a binomial distribution. What is the probability that: a) All of them are repaired. b) At least two will be repaired in...
Scenario: Disability Insurance Claims Handling at InsureIT We consider the following business process for handling insurance claims for disability insurance[1] at an insurance company InsureIT. The process starts when a customer lodges a disability claim. To do so, the customer fills in a form including a 2-page questionnaire describing the disability. The customer can submit the form physically at one of the branches of InsureIT, by postal mail, fax or simply via e-mail (digitally-signed document). When a claim is received,...
1. Many companies use a incoming shipments of parts, raw materials, and so on. In the electronics industry, component parts are commonly shipped from suppliers in large lots. Inspection of a sample of n components can be viewed as the n trials of a binomial experimem. The outcome for each component tested (trialD will be that the component is classified as good or defective defective components in the lot do not exceed 1 %. Suppose a random sample of fiver...
Amazon to Competition: We Will Crush You! Amazon to Employees: We Will Churn You! Globally, Amazon is one of the largest and most successful companies in any industry. Technological innovation has contributed to its success, as has its employee acquisition practices, which are exceptionally high. The question is what has allowed this company to thrive and maintain its success? This activity is important because it shows how companies like Amazon hire based on personality and individual differences. Such companies place...