11. Bill Bora disagreed with his brother, arguing that the number and size of the companies with which they held maintenance contracts had changed recently. He concluded that his past experience was not relevant, and the firm would be better off recognizing their ignorance of the future in the rate restructuring. Bill proposed the assumption of uniform distribution with every possible number of calls from 801 to 1,300 being equally likely. Based on this uniform distribution, the probability of more than 1,150 calls during a week is с. 0.70. d. 0.20. a. 0.40. b. 0.30.
11. Bill Bora disagreed with his brother, arguing that the number and size of the companies with which they held maintenance contracts had changed recently. He concluded that his past experience was not relevant, and the firm would be better off recognizing their ignorance of the future in the rate restructuring. Bill proposed the assumption of uniform distribution with every possible number of calls from 801 to 1,300 being equally likely. Based on this uniform distribution, the probability of more than 1,150 calls during a week is с. 0.70. d. 0.20. a. 0.40. b. 0.30.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 4BGP
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