Given X~Binomial(n=3, p=0.945)
P(X=x)=xC3*(0.945^x)*((1-0.945)^(3-x))
a. all three orders will be filled correctly?
P(X=3)=3C3*(0.945^3)*((1-0.945)^(3-3))
=0.945^3
=0.8439086
b. none of the three will be filled correctly?
P(X=0)=0C3*(0.945^0)*((1-0.945)^(3-0))
=(1-0.945)^3
= 0.000166375
c. at least two of the three will be filled correctly?
P(X>=2)=P(X=2)+P(X=3)=0.9912577
d. what are the mean and standard deviation of the binomial
distribution used in (a) through (c)? interpret these values.
mean=n*p=3*0.945=2.835
standard deviation=√n*p*(1-p)
=sqrt(3*0.945*(1-0.945))=0.3948734
Given X~Binomial(n=3, p=0.945)
P(X=x)=xC3*(0.945^x)*((1-0.945)^(3-x))
a. all three orders will be filled correctly?
P(X=3)=3C3*(0.945^3)*((1-0.945)^(3-3))
=0.945^3
=0.8439086
b. none of the three will be filled correctly?
P(X=0)=0C3*(0.945^0)*((1-0.945)^(3-0))
=(1-0.945)^3
= 0.000166375
c. at least two of the three will be filled correctly?
P(X>=2)=P(X=2)+P(X=3)=0.9912577
d. what are the mean and standard deviation of the binomial
distribution used in (a) through (c)? interpret these values.
mean=n*p=3*0.945=2.835
standard deviation=√n*p*(1-p)
=sqrt(3*0.945*(1-0.945))=0.3948734
Accuracy in taking orders at a drive-through window is important for fast-food chains. Peri- odically, QSR Magazine publishes "The Drive-Thru Performance Study: Order Accuracy" that measures the percentage of orders that are filled correctly. In a recent month, the percentage of orders filled correctly at Wendy's was approximately 86.8%. Suppose that you go to the drive-through window at Wendy's and place an order. Two friends of yours independently place orders at the drive-through window at the same Wendy's. What are...
Suppose that you and two friends go to a restaurant, which last month filled approximately 90.7% of the orders correctly. Complete parts (a) through (d) below. Include Excel formulas. a. What is the probability that all three orders will be filled correctly? The probability is ____? b. What is the probability that none of the three orders will be filled correctly? The probability is ____? (Round to four decimal places as needed.) c. What is the probability that at least...
we use those 2informations to do the following questions
0 Restaurant Data Probability of Correct Order at Restaurant B Data Sample size Probability of an event of interest 0.875 Parameters Mean 2.625 Variance 0.3281 Standard Deviation 0.5728 Binomial Probabilities Table X P(X) P(X) P[<X) P(X) P(2X) 0 0.0020 00020 0.0000 0.9980 1.0000 1 0.0410 430 0.0020 0.9570 0.9980 2 0.2871 0.3301 0.0430 0.6699 0.9570 3 0.6699 1.0000 0.3301 0.0000 0.6699 Probability of Correct Order at Restaurant C Probability of Correct...
Suppose that you and two friends go to a restaurant which last
month filled approximately 89.2% of the orders correctly.
a. What is the probability that all three orders will be filled
correctly?
b. What is the probability that none of the three orders will be
filled correctly?
c. What is the probability that at least two of the three orders
will be filled correctly?
d. What are the mean and standard deviation of the binomial
distribution used in a...
Styles First we will learn how to evaluate binomial distribution with the help of Excel. Let's flip a coin n times and count how many tails we are going to get. If n=0, then no coin is tossed and the only option is 0 tails. Therefore P(0)=1, the mean is 0 and the standard deviation is 0. We are going to do a simple table for n=0. First we will define columns. Click on cell A1 and type X for...
FINC 3380 Homework 4
Seungho Baek
Due: Wednesday, April 1 2020, 6:29 P.M.
For this homework assignment, you need to use Excel. Once you
done, upload your excel file to Blackboard. Do not submit HW4 via
email.
Part 1 Reading Assignments Read LN6.
Part 2 Practical Assignments using Excel Consider two annual
coupon bonds. Now current market rate of interest (i.e. discount
rate) is 7 percent. Bond A has just been issued. Its face value is
$1,000, it bears a...
LAB EXERCISE 5.1 continued The top row in the table below is an example for one couple's results. One parent e is heterozygous (one red, one yellows: AA). The dice roll determines yellow: AS) and the other homozygous for the normal hemoglobin allele (two that they will have four children. Creating Generation 2 Offspring Genotypes CoupleNumber of children Sample ASIAA | AA | 10 12 13 14 15 16 17 18 19 20 3 List the number of genotypes for...
Solve d,e and f please using R code
Part I: qqplots This part deals with qqplots of all kinds. Let's do some easy expe riments, first. Let's take a sample from a normal distribution with mu-2, sigma 3, and then look at the hist and the qqplot of that data: set.seed(3) n 100 # Sample size x norm(n,2,3) # Sample from N(mu-2, sigma-3) hist(x) # Looks normal. But that depends on breaks. qqnorm(x) # This doesn't depend on binsize, and...
The Exercise This exercise is focused on adapting to different national cultures. To prepare for it the read the material found here the 6 D model of national culture and read the article “Seven secrets…” that accompanies this file. You may find this link useful: Hofstede country comparisons. Assume that you have been working for a large multinational corporation in Chicago for two years job after graduating from college. To advance in your career, you must complete a two year...
can you do this js and html question. ill give you the html and
js and css files just fix my error use if and else like what i did
dont use switch just fix my erorr.
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