The daily demand for substitute teachers in the Metro Manila public school system follows the probability distribution given in the table below. The agency head wants to know how many teachers they must keep in the substitute teacher pool. Whether or not the substitute teacher is needed, it costs PhP900 per day to keep a teacher in the pool. However, if not enough substitute teachers are available on a given day, regular teachers are used to cover the classes at a cost of PhP1650 per regular teacher.   Number Needed Probability 200 0.03 275 0.03 350 0.03 400 0.05 450 0.4 500 0.3 550 0.06 600 0.07 650 0.03 1 What is the critical ratio? 2 How many substitute teachers should be kept in the pool? 3 What is the total expected cost?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 4ECP: Show that the probability of drawing a club at random from a standard deck of 52 playing cards is...
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The daily demand for substitute teachers in the Metro Manila public school system follows the probability distribution given in the table below. The agency head wants to know how many teachers they must keep in the substitute teacher pool. Whether or not the substitute teacher is needed, it costs PhP900 per day to keep a teacher in the pool. However, if not enough substitute teachers are available on a given day, regular teachers are used to cover the classes at a cost of PhP1650 per regular teacher.

 

Number Needed Probability

200 0.03

275 0.03

350 0.03

400 0.05

450 0.4

500 0.3

550 0.06

600 0.07

650 0.03

1 What is the critical ratio?

2 How many substitute teachers should be kept in the pool?

3 What is the total expected cost?

 

 

 

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