Answer:
The probability distribution of the number of customers that enter the store on a given day is:
Step-by-step explanation:
To calculate a parameter for the given day, we have to calculate what is the average arrival rate for the day.
This can be done with the data given:
1) From 10 to 12, 8 arrival/hour: 16 expected arrivals in this period
2) From 12 to 2, 8 to 12 arrival/hour (average: 10 arrivals): 20 expected arrivals in this period.
3) From 2 to 5, from 10 to 4 arrival/hour (average: 7 arrivals): 21 expected arrivals in this period.
The total expected arrivals in a day are: 16+20+21=57 arrivals/day.
Then, the probability distribution of the number of customers that enter the store on a given day is:
Answer: 31.57
Step-by-step explanation: 17.55 + 14.02 =31.57
Answer:
? = 4
4 is the number missing on the right.
Step-by-step explanation:
Check out the 8 on left. It has become a 2 on the right. How did that happen?
What do you have to multiply the 2 by to get 8?
Before I answer, check out the 9 on the right. What did you have to multiply it by to get 36? The answer to that is 4 isn't it?
What about the 2. Don't you have to multiply it by 4 to get 8?
36 + 8 = 4(9 + 2) The distributive property on the right will produce the numbers on the left.
So ? = 4
Answer:
Step-by-step explanation:
a) Because you are only receiving $1500 and in exchange you would have to cover for this accident damage in the next year, which could be up to hundred of thousands of dollar. Sure there's a chance the your neighbor might drive safely, but the odds are far more in his favor than yours.
b) The insurance company collect payments from hundred of thousands buyers, making their cash flow up to tens of million dollar. Sure the expected value of accidents might be high but as a company they surely have capital to cover a handful of cases, if their calculation done right.
Answer:
60 dollars
Step-by-step explanation:
well it's simple
