EC_Poisson_and_exp(Extra Credit)

EC_Poisson_and_exp(Extra Credit) - (which is 23.12 a p(3...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Extra Credit Questions (#1) Due Dec. 17.   Please put a printed copy in my Redcay mailbox.   Work with up to one other  person, in which case hand in one copy with two names.  If it is determined that  more than one submitted the same copy, no one receives credit.  There is no  partial credit for individual answers.  This can add up to three points on the final  grade.  No extended times. 1.   Assuming the rate of occurrence is  once every 4 minutes,   find each of the following  probabilities using either the POISSON or the EXPONDIST functions in Excel.  Assume that  time is measured continuously in fractions of minutes so that p(X < X0) = p(X   X0). Note : Probabilities should all be stated in decimal equivalents to 4 decimal places, such as .2312 
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: (which is 23.12%). a) p(3 occurrences in 4 minutes) b) p(3 or less occurrences in 4 minutes) c) p(at least 3 occurrences in 4 minutes) d) p(between 2 and 5 occurrences – inclusive – in 4 minutes) e) p(less than 3 occurrences in 10 minutes) f) p(either 2 or 6 occurrences in 15 minutes) g) p(next occurrence is in 6 minutes or less) h) p(next occurrence is in 4 minutes or more) i) p(next occurrence is from 2 to 10 minutes) j) find X0 = the # of minutes until the next occurrence such that p(X < X0) = .25 (to the nearest .5 minute) k) find X0 = the # of minutes until the next occurrence such that p(X > X0) = .25 (to the nearest .5 minute)...
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern