Demand Forecasting
Demand for Surf World is Poisson with mean 2.5. If they happen to stock 5 copies, what is the expected number of customers who will want to purchase Surf World but will be unable to do so because the bookstore runs out of copies?
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be accurate please and thanks. Suppose that 30% of all students who have to buy a...
be accurate please and thanks.
Suppose that 30% of all students who have to buy a text for a particular course want a new copy (the 25 purchaser whereas the other of the book found your da (a) what are the mean value and standard deviation of the number who wants mean students standard deviation students t a ) (b) What is the probability that the number who want new copies is more than two standard deviations away from the...
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Suppose that 30% of all students who have to buy a text for a particular course want a new copy (the successes!), whereas the other 70% want a used copy. Consider randomly selecting 25purchasers.A) What are the mean value and standard deviation of the number who want a new copy of the book?b) what is the probability that the number who want new copies is more than two standard deviations away from the mean value?c) The bookstore has 15 new...
Suppose that new copies cost $150 and used copies cost $90.
Suppose that 30% of all students who have to buy a text for a particular course want a new copy (the successes!), whereas the other 70% want a used copy. Consider randomly selecting 15 purchasers.(a) What are the mean value and standard deviation of the number who want a new copy of the book?(b) What is the probability that the number who want new copies is more than two standard deviations away from the mean value?(c) The bookstore has 10...
Suppose that 30% of all students who have to buy a text for a particular course...
Suppose that 30% of all students who have to buy a text for a particular course want a new copy (the successes!), whereas the other 70% want a used copy. Consider randomly selecting 15 purchasers. (a) What are the mean value and standard deviation of the number who want a new copy of the book? (b) What is the probability that the number who want new copies is more than two standard deviations away from the mean value? (c) The...
Suppose that 30% of all students who have to buy a text for a particular course...
Suppose that 30% of all students who have to buy a text for a particular course want a new copy (the successes!), whereas the other 70% want a used copy. Consider randomly selecting 15 purchasers. (a) What are the mean value and standard deviation of the number who want a new copy of the book? (Round your standard deviation to two decimal places.) mean studentsstandard deviation students (b) What is the probability that the number who want new copies is more...
[-/21 Points) DETAILS DEVORESTATO 3.6.052.NVA Suppose that 30% of all students who have to buy a...
[-/21 Points) DETAILS DEVORESTATO 3.6.052.NVA Suppose that 30% of all students who have to buy a text for a particular course want a new copy (the successes!), whereas the other 70% water.com 15 purchasers (a) What are the mean value and standard deviation of the number who want a new copy of the book? (Round your standard deviation to two decimal places) mean students standard deviation students (b) What is the probability that the number who want new copies is...
Suppose that 30% of all students who have to buy a text for a particular course...
Suppose that 30% of all students who have to buy a text for a particular course want a new copy (the successes!), whereas the other 70% want a used copy. Consider randomly selecting 15 purchasers. (a) What are the mean value and standard deviation of the number who want a new copy of the book? (Round your standard deviation to two decimal places.) mean 4.5 students standard deviation 1.77 students (b) What is the probability that the number who want...
1. + -/21 points DevoreStat9 3.E.052. y Notes Suppose that 30% of all students who have...
1. + -/21 points DevoreStat9 3.E.052. y Notes Suppose that 30% of all students who have to buy a text for a particular course want a new copy (the successes!), whereas the other 70% want a used copy. Consider randomly selecting 15 purchasers. (a) What are the mean value and standard deviation of the number who want a new copy of the book? (Round your standard deviation to two decimal places.) mean students standard deviation students (b) What is the...
A store selling newspapers orders only n = 5 copies of a certain newspaper every day...
A store selling newspapers orders only n = 5 copies of a certain newspaper every day because of lack of demand. If the number of requests per day (each request is to purchase a copy of the newspaper) follows a Poisson distribution with mean 4.0. a) what is the probability that there are at least three requests to purchase the newspaper in a day? b) what is the expected value of the number sold in a day? Note: The answer...
A newsstand has ordered four copies of a certain issue of a photography magazine. Suppose that...
A newsstand has ordered four copies of a certain issue of a photography magazine. Suppose that the number of individuals who come in to purchase this magazine follows a Poisson distribution with a mean of 2.5. What is the probability that the newsstand has enough copies for every person who comes to purchase the magazine?
be accurate please and thanks.
Suppose that 30% of all students who have to buy a text for a particular course want a new copy (the 25 purchaser whereas the other of the book found your da (a) what are the mean value and standard deviation of the number who wants mean students standard deviation students t a ) (b) What is the probability that the number who want new copies is more than two standard deviations away from the...
Suppose that 30% of all students who have to buy a text for a particular course want a new copy (the successes!), whereas the other 70% want a used copy. Consider randomly selecting 15 purchasers.(a) What are the mean value and standard deviation of the number who want a new copy of the book?(b) What is the probability that the number who want new copies is more than two standard deviations away from the mean value?(c) The bookstore has 10...
[-/21 Points) DETAILS DEVORESTATO 3.6.052.NVA Suppose that 30% of all students who have to buy a text for a particular course want a new copy (the successes!), whereas the other 70% water.com 15 purchasers (a) What are the mean value and standard deviation of the number who want a new copy of the book? (Round your standard deviation to two decimal places) mean students standard deviation students (b) What is the probability that the number who want new copies is...
Suppose that 30% of all students who have to buy a text for a particular course want a new copy (the successes!), whereas the other 70% want a used copy. Consider randomly selecting 15 purchasers. (a) What are the mean value and standard deviation of the number who want a new copy of the book? (Round your standard deviation to two decimal places.) mean 4.5 students standard deviation 1.77 students (b) What is the probability that the number who want...
1. + -/21 points DevoreStat9 3.E.052. y Notes Suppose that 30% of all students who have to buy a text for a particular course want a new copy (the successes!), whereas the other 70% want a used copy. Consider randomly selecting 15 purchasers. (a) What are the mean value and standard deviation of the number who want a new copy of the book? (Round your standard deviation to two decimal places.) mean students standard deviation students (b) What is the...
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