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11. The number of consumers purchasing a particular item on a given day is found to be uniform over the range (16 28). (a) What is the mean daily number of (c) between $9000 and

11. The number of consumers purchasing a particular item on a given day is found to be uniform over the range (16 28). (a) What is the mean daily number of (c) between $9000 and

Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
Publisher:Ron Larson
Chapter5: Exponential And Logarithmic Functions
Section5.5: Exponential And Logarithmic Models
Problem 4ECP
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CONTINUOUS PROBABILITY DISTRIBUTIONS AND PROBABILITY MODELS consumers purchasing the item? (b) What percentage of the time will there be more than 25 purchases? (c) Less than 187 12. Suppose that annual precipitation is normally distributed, with mean 50 inches, and standard deviation 12 inches. Find the 65th percentile of the precipitation distribution. 13. a) Express the median of the exponential distribution in terms of its parameter 1 OL 125
Transcribed Image Text:CONTINUOUS PROBABILITY DISTRIBUTIONS AND PROBABILITY MODELS consumers purchasing the item? (b) What percentage of the time will there be more than 25 purchases? (c) Less than 187 12. Suppose that annual precipitation is normally distributed, with mean 50 inches, and standard deviation 12 inches. Find the 65th percentile of the precipitation distribution. 13. a) Express the median of the exponential distribution in terms of its parameter 1 OL 125
have less than 100 customers? (b) More than 320? (c) What number of customers ard deviation o=110. (a) What fraction of days will will be exceeded 10% of the time? 10. Incomes are exponentially distributed with = 0.0001. What fraction of the population has income (a) <$8000? (b) >$12,000? (c) between $9000 and $12,000? 11. The number of consumers purchasing a particular item on a given day is found to be uniform over the range (16 28). (a) What is the mean daily number of
Transcribed Image Text:have less than 100 customers? (b) More than 320? (c) What number of customers ard deviation o=110. (a) What fraction of days will will be exceeded 10% of the time? 10. Incomes are exponentially distributed with = 0.0001. What fraction of the population has income (a) <$8000? (b) >$12,000? (c) between $9000 and $12,000? 11. The number of consumers purchasing a particular item on a given day is found to be uniform over the range (16 28). (a) What is the mean daily number of
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