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

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
Qn 11
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
Expert Solution
Step 1

11) Given Information:

The number of consumers purchasing a particular item on a given day is found to be uniform over the range (16, 28).

Here, a=16 and b=28

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman