At CVS between 1PM and 4PM on Saturday afternoon, there are on average four parking spots...
- At CVS between 1PM and 4PM on Saturday afternoon, there are on
average four parking spots available. What is the probability that
you visit CVS’s this Saturday during this time and find:
- No parking spots?
- Four parking spots?
- Four or fewer parking spots?
- Four or more parking spots?
Homework Answers
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At CVS between 1PM and 4PM on Saturday afternoon, there are on
average four parking spots...
4. (Use tables). A study of checkout times at a local supermarket revealed that between 2...
4. (Use tables). A study of checkout times at a local supermarket revealed that between 2 and 5 pm on weekdays there is an average of four customers waiting in line. What is the probability that you visit the supermarket during that time period and find: a. No customers are waiting? n=3 = 40 b. Four customers are waiting? c. Four or fewer customers are waiting? d. Four or more are waiting?
RISK MANAGEMENT AND INSURANCE Imagine that you are relaxing on your sofa on a Saturday afternoon ...
RISK MANAGEMENT AND INSURANCE Imagine that you are relaxing on your sofa on a Saturday afternoon and the mail arrives. You parse through the mail and find a letter from your home owner's insurance company. Upon opening the letter you read that the insurer indicates that they will not renew your home owner's policy unless you have railings installed on your front brick and bluestone stairs. You gaze out the window and confirm that some neighbors have these railings while...
[10 marks] Parking spaces near the university are taken almost immediately during the day, as they become available. T...
[10 marks] Parking spaces near the university are taken almost immediately during the day, as they become available. The event of a parking space becoming available follows a Poisson process with rate A 1 space per 3 minutes (a) What is the expected value and variance for the number of parking spaces becoming available in an hour? 2 marks What is the expected waiting time for a space to become available? [1 marks] (b) A student has been waiting for...
Parking concerns ~ Over the years, parking has become an issue during spring at MSU as...
Parking concerns ~ Over the years, parking has become an issue during spring at MSU as more people bring cars to campus. The waiting time to find a parking spot at Wells Hall parking lot is normally distributed with an average of 10 minutes and a standard deviation of 3.6 minutes during peak hours (10 am – 5 pm). What is the waiting time for the 20th percentile? Enter your answer to 4 decimal places. Your Answer:
Question 6. Bib Fortuna watches the front gate of Jabba the Hut's compound in four-hour shifts....
Question 6. Bib Fortuna watches the front gate of Jabba the Hut's compound in four-hour shifts. The planet Tatooine is sparsely populated and the gate gets an average of 3 visits per 4 hours a) Let X be the number of visits to the gate in 4 hours. How would you model X? Explain. b) Find the probability that Bib Fortuna gets no more than two visits during the 4 hour shift. c) Let Y denote the time it takes...
suppose that the time between arrivals of customers at a bank during the noon-to-1pm hour has...
suppose that the time between arrivals of customers at a bank during the noon-to-1pm hour has a uniform distribution between 0 and 90 seconds. (round to four decimal places as needed) A. what is the probability that the time between the arrivals of two customers will be less than 23 seconds? B. what is the probability that the time between the arrivals of two customers will be between 28 and 70 seconds C. What is the probability that the time...
A recent study by the University of Pittsburg showed that the average number of airplanes flying...
A recent study by the University of Pittsburg showed that the average number of airplanes flying over downtown Pittsburg is four per hour. Assume the passing of these airplanes is approximated by the Poisson distribution. (a) Find the probability that no airplanes flew over Pittsburg between 8am and 9am on Sunday. (b) Find the probability that exactly three airplanes flew during that time. (c) Find the probability that exactly four airplanes flew during that time. (d) Find the probability that...
2. A recent study by the University of Pittsburg showed that the average number of airplanes...
2. A recent study by the University of Pittsburg showed that the average number of airplanes flying over downtown Pittsburg is four per hour. Assume the passing of these airplanes is approximated by the Poisson distribution. (a) Find the probability that no airplanes flew over Pittsburg between 8am and 9am on Sunday. (b) Find the probability that exactly three airplanes flew during that time. (c) Find the probability that exactly four airplanes flew during that time. (d) Find the probability...
4. At a local hospital, babies are born at an average rate of four births per...
4. At a local hospital, babies are born at an average rate of four births per night (consider "night" to be an 8 hour period from 10pm to 6am). Assume that the time that elapsed from one birth to the next has the exponential distribution. Take note that we are concerned only with the rate at which babies are born, and we are ignoring the time spent in labor. We must also assume that the times spent between births are...
The average number of students visiting a professor during her office hour is 2. Use an...
The average number of students visiting a professor during her office hour is 2. Use an appropriate probability distribution used in this class to find the probability that 3 or more students will visit during her next office hour. Answer to four decimal places.
4. (Use tables). A study of checkout times at a local supermarket revealed that between 2 and 5 pm on weekdays there is an average of four customers waiting in line. What is the probability that you visit the supermarket during that time period and find: a. No customers are waiting? n=3 = 40 b. Four customers are waiting? c. Four or fewer customers are waiting? d. Four or more are waiting?
[10 marks] Parking spaces near the university are taken almost immediately during the day, as they become available. The event of a parking space becoming available follows a Poisson process with rate A 1 space per 3 minutes (a) What is the expected value and variance for the number of parking spaces becoming available in an hour? 2 marks What is the expected waiting time for a space to become available? [1 marks] (b) A student has been waiting for...
Question 6. Bib Fortuna watches the front gate of Jabba the Hut's compound in four-hour shifts. The planet Tatooine is sparsely populated and the gate gets an average of 3 visits per 4 hours a) Let X be the number of visits to the gate in 4 hours. How would you model X? Explain. b) Find the probability that Bib Fortuna gets no more than two visits during the 4 hour shift. c) Let Y denote the time it takes...
2. A recent study by the University of Pittsburg showed that the average number of airplanes flying over downtown Pittsburg is four per hour. Assume the passing of these airplanes is approximated by the Poisson distribution. (a) Find the probability that no airplanes flew over Pittsburg between 8am and 9am on Sunday. (b) Find the probability that exactly three airplanes flew during that time. (c) Find the probability that exactly four airplanes flew during that time. (d) Find the probability...
4. At a local hospital, babies are born at an average rate of four births per night (consider "night" to be an 8 hour period from 10pm to 6am). Assume that the time that elapsed from one birth to the next has the exponential distribution. Take note that we are concerned only with the rate at which babies are born, and we are ignoring the time spent in labor. We must also assume that the times spent between births are...
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