2)Hits on a personal web site occur quite infrequently. They occur randomly and independently with an average of five per week.
a) Find the probability that the site gets 10 or more hits per week.
b) Determine the probability that the site gets 20 or more hits in two weeks.
Recently Asked Questions
- Which of the following is a determinant of supply ?
- Total cost is $ 20 at 4 units of output and $ 36 at 6 units of output . Between 4 and 6 units of output , marginal cost
- Assume that the price elasticity of demand is -2 for a certain firm 's product . If the firm raises price , the firm 's managers can expect total revenue to :