3. At Fred Scruntley's Automotive Works the arrivals of customers at the Complaints Desk are recorded. Let X be the number of disgruntled customers arriving on a typical day. It is found that the cumulative distribution function of X is: if x <1 0.1 if 1
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- Consider the following table.The National Highway Association is studying the relationship between the number of bidders on a highway project and the winning (lowest) bid for the project. Of particular interest is whether the number of bidders increases or decreases the amount of the winning bid. Bidders Price 9.0 5.1 9.0 8.0 3.0 9.7 10.0 7.8 5.0 7.7 10.0 5.5 7.0 8.3 11.0 5.5 6.0 10.3 6.0 8.0 4.0 8.8 7.0 9.4 7.0 8.6 7.0 8.1 6.0 7.8 Given: Correlation of Coefficient: 0.7064 (This is correct) Coefficient of determination: 49.90% (This is correct) ŷ = 11.2360 + (-0.4667)x (This is correct) Create a scatter plot of the data Complete a regression analysis of the relationship. Slope = ______ Estimate the winning bid if there were seven bidders. Winning bid cost ______ millions. Compute the 95% prediction interval for a winning bid if there are seven bidders. [ _____________, ______________]The National Highway Association is studying the relationship between the number of bidders on a highway project and the winning (lowest) bid for the project. Of particular interest is whether the number of bidders increases or decreases the amount of the winning bid. Bidders Price 9.0 5.1 9.0 8.0 3.0 9.7 10.0 7.8 5.0 7.7 10.0 5.5 7.0 8.3 11.0 5.5 6.0 10.3 6.0 8.0 4.0 8.8 7.0 9.4 7.0 8.6 7.0 8.1 6.0 7.8 GIVEN: correlation coefficient: - 0.7064 Slope: -0.4667 Coefficient of determination: 49.90% regression equation: ŷ= 11.2360 + (-4467)x FIND: Estimate the winning bid if there were seven bidders. Winning bid cost _________ millions. Explain. Compute the 95% prediction interval for a winning bid if there are seven bidders. [ _______________ , _______________ ] (Explain).
- Question 4a. A large accountancy firm finds that over the long run 10% of its statements for clients are in error in some way. A quality assurance officer at the firm investigating the source of the errors takes a sample of 20 statements produced by a single employee and classifies each as being “in error” or “not in error”.i. If the variable X is used to represent the number of statements in the sample that are in error, and assuming the error rate is the firm’s level of 10% then state:• the type of distribution this variable has; and• the parameter/s of this distribution. ii. Determine the probability that 2 or less returns in this sample are in error. The quality assurance officer found that there were 5 statements in the sample that were in error.iii. Determine the probability of finding 5 or more returns in error if indeed the error rate was 10%. iv. Based upon your answer for part iii., what conclusion might the quality assurance office make about this employee in terms of the…In his doctoral thesis, L. A. Beckel (University of Minnesota, 1982) studied the social behavior of river otters during the mating season. An important role in the bonding process of river otters is very short periods of social grooming. After extensive observations, Dr. Beckel found that one group of river otters under study had a frequency of initiating grooming of approximately 1.7 for each 10 minutes. Suppose that you are observing river otters for 30 minutes. Let r = 0, 1, 2, ... be a random variable that represents the number of times (in a 30-minute interval) one otter initiates social grooming of another. a) What is ?? b) Write out the formula for the probability distribution of the random variable r. P(r) = _________ c) Find the probability that one otter will initiate social grooming four or more times during the 30-minute observation period. (Round your answer to four decimal places.)In his doctoral thesis, L. A. Beckel (University of Minnesota, 1982) studied the social behavior of river otters during the mating season. An important role in the bonding process of river otters is very short periods of social grooming. After extensive observations, Dr. Beckel found that one group of river otters under study had a frequency of initiating grooming of approximately 1.7 for each 10 minutes. Suppose that you are observing river otters for 30 minutes. Let r = 0, 1, 2, ... be a random variable that represents the number of times (in a 30-minute interval) one otter initiates social grooming of another. a) Find the probabilities that in your 30 minutes of observation, one otter will initiate social grooming four times, five times, and six times. (Round your answers to four decimal places.) P(4) = P(5) = P(6) = b) Find the probability that one otter will initiate social grooming less than four times during the 30-minute observation period. (Round your answer…
- 1. Consider the following information.In his doctoral thesis, L. A. Beckel (University of Minnesota, 1982) studied the social behavior of river otters during the mating season. An important role in the bonding process of river otters is very short periods of social grooming. After extensive observations, Dr. Beckel found that one group of river otters under study had a frequency of initiating grooming of approximately 1.7 for each 10 minutes. Suppose that you are observing river otters for 40 minutes. Let r = 0, 1, 2, ... be a random variable that represents the number of times (in a 40-minute interval) one otter initiates social grooming of another. Lambda = 6.8 (b) Find the probabilities that in your 40 minutes of observation, one otter will initiate social grooming four times, five times, and six times. (Round your answers to four decimal places.) P(4) = P(5) = P(6) =1. The following data represent the operating time in hours for 4 types of pocket calculators before a recharge is required.Fx101 Fx202 Fx303 Fx404 6.4 5.9 7.1 5.3 6.1 5.8 7.1 4.9 6.5 5.9 7.2 6.1 6.2 5.1 7.3 7.1 6.3 5.0 7.4 4.9Test at 0.01 level of significance if the operating times for all four calculators are equal. Use 4 decimal placesSTATISTICS = _____COMPUTED VALUE = _____TABULAR VALUE = _____CONCLUSION = _____
- The dependencies between the 10 activities listed in the table above are as follows:• The project starts with two activities—A, and B—which can be done concurrently.• When activity A is finished, activity C can start• When activity B is finished, activities D and E can start• When both activities C and D are finished, activity F can start• When activity E is finished, activity G can start• When activity F is finished, activity H can start• When both activities G and H are finished, activity I can start• When activity G is finished, activity J can start• The project is complete when activities I and J are finished Questions1. Organize the information above in an activity precedence table showing the activity, precedent and duration (calculated using the PERT weighted average formula and round to the nearest integer).2. Draw an AON network diagram and calculate its early start, early finish, late start and late finish times, floats (Free and total) for each activity. Make sure you…You have conducted a study to determine if there is independence or dependence between market segments (A-C) and prices the segments are willing to pay for a product. The following cross tabular output appears. Under $10 $11-$15 over $15 All A 50 30 20 100 50.00 30.00 20.00 33.33 27.27 50.00 16.67 10.00 6.67 50.00 36.67 13.33 0.000 1.212 3.333 B 40 50 10 100 40.00 50.00 10.00 26.67 45.45 25.00 13.33 16.67 3.33 50.00 36.67 13.33 2.000 4.848 0.833 C 60 30 10 100 60.00 30.00 10.00 40.00 27.27 25.00 20.00 10.00 3.33 50.00 36.67 13.33 2.000 1.212 0.833 All 150 110 40 300…Suppose P(t) represents the population of a certain mosquito colony...
