ZuoTi.Pro
Question

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?

math   Statistics-And-Probability   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

0 0
Add a comment
Know the answer?
Add Answer to:
A newsstand has ordered four copies of a certain issue of a photography magazine. Suppose that...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • 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...

  • 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...

  • 6. A statistics instructor has put 4 copies of his lecture notes in the library reserve...

    6. A statistics instructor has put 4 copies of his lecture notes in the library reserve section. Let X represent the number of students who come in to borrow these notes. Suppose X has a Poisson distribution with parameter lambda = 3. Find the expected number of copies that have been borrowed. (Note: No more than 4 copies in total can be borrowed.) I know the answer, and it is not 3. Please show me the explanation.

  • SUppose that the number of failures in cast-iron pipe of a particular length has a Poisson...

    SUppose that the number of failures in cast-iron pipe of a particular length has a Poisson distribution with mean μ=2.5. What is the probability that X exceeds it's mean?

  • Suppose that in a week the number of accidents at a certain crossing has a Poisson...

    Suppose that in a week the number of accidents at a certain crossing has a Poisson distribution with an average of 0.6 a) What is the probability that there are at least 3 accidents at the crossing for two weeks? b) What is the probability that the time between an accident and the next one is longer than 2 weeks?

  • Suppose that in a certain shop, there is a little (sort of) traffic light in the...

    Suppose that in a certain shop, there is a little (sort of) traffic light in the counter. When finishing their purchase, the buyer has to activate a button which makes the light go either green or red. If the light goes green, the client gets their purchase for free. The light is programmed to go green with a probability of 0.015. a) Calculate the probability that the fiftieth customer who activates the button will be the first to take their...

  • 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...

  • 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 the lengths of the pregnancies of a certain animal are approximately normally distributed with mean...

    Suppose the lengths of the pregnancies of a certain animal are approximately normally distributed with mean u = 282 days and standard deviation o = 20 days. Complete parts (a) through (f) below. (a) What is the probability that a randomly selected pregnancy lasts less than 274 days? The probability that a randomly selected pregnancy lasts less than 274 days is approximately 0.3446. (Round to four decimal places as needed.) Interpret this probability. Select the correct choice below and fill...

  • 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...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT