Chapter 4: Q160S (page 281)
Given that xis a poisson random variable, computefor each of the following cases:
a.
b.
c.
Short Answer
a. The probability distribution is .
b. The probability distribution is .
c. The probability distribution is .
Chapter 4: Q160S (page 281)
Given that xis a poisson random variable, computefor each of the following cases:
a.
b.
c.
a. The probability distribution is .
b. The probability distribution is .
c. The probability distribution is .
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Get started for freePreventative maintenance tests. The optimal schedulingofpreventative maintenance tests of some (but not all) ofnindependently operating components was developed in Reliability Engineering and System Safety(January).The time (in hours) between failures of a component wasapproximated by an exponential distribution with mean.
a. Suppose hours. Find the probability that the time between component failures ranges between andhours.
b. Again, assumehours. Find the probability that the time between component failures is at leasthours.
c. Given that the time between failures is at leastrole="math" localid="1658214710824" hours, what is the probability that the time between failures is less thanhours?
If x is a binomial random variable, compute for each of the following cases:
Lead in metal shredder residue. On the basis of data collectedfrom metal shredders across the nation, the amount xof extractable lead in metal shredder residue has an approximateexponential distribution with mean= 2.5 milligramsper liter (Florida Shredder’s Association).
a. Find the probability that xis greater than 2 milligramsper liter.
b. Find the probability that xis less than 5 milligrams perliter.
4.112 California’s electoral college votes. During a presidential election, each state is allotted a different number of votes in the Electoral College, depending on the population. For example, California is allotted 55 votes (the most) while several states (including the District of Columbia) are allotted 3 votes each (the least). When a presidential candidate wins the popular vote in a state, the candidate wins all the Electoral College votes in that state. To become president, a candidate must win 270 of the total of 538 votes in the Electoral College. Chance(Winter 2010) demonstrated the impact on the presidential election of winning California. Assuming a candidate wins California’s 55 votes, the number of additional Electoral College votes the candidate will win can be approximated by a normal distribution with votes and votes. If a presidential candidate wins the popular vote in California, what are the chances that he or she becomes the next U.S. president?
Stock market participation and IQ. Refer to The Journal of Finance (December 2011) study of whether the decision to invest in the stock market is dependent on IQ, Exercise 3.46 (p. 182). Recall that an IQ score (from a low score of 1 to a high score of 9) was determined for each in a sample of 158,044 Finnish citizens. Also recorded was whether or not the citizen invested in the stock market. The accompanying table gives the number of Finnish citizens in each IQ score/investment category. Which group of Finnish citizens (market investors or noninvestors) has the highest average IQ score?
IQ Score | Invest in market | No investment | Totals |
1 | 893 | 4659 | 5552 |
2 | 1340 | 9409 | 10749 |
3 | 2009 | 9993 | 12002 |
4 | 5358 | 19682 | 25040 |
5 | 8484 | 24640 | 33124 |
6 | 10270 | 21673 | 31943 |
7 | 6698 | 11260 | 17958 |
8 | 5135 | 7010 | 12145 |
9 | 4464 | 5067 | 9531 |
Totals | 44651 | 113393 | 158044 |
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