5. In a bakery everyday bread loafs are prepared and sold. They start thebusiness in the morning by 6 am and close the business by 8 pm. All theloafs are sold and a small portion is wasted in the process of handling. Butthey close the day with zero loafs on hand. On an average, every day theyprepare 1650 loafs. The owner wishes to calculate the constant transitionintensity over this period covering both sales and wastages. If the truetransition intensity is 0.2, what is the probability that you observe a hazardrate in excess of 0.25?

The bakery opens at 6 am and shuts down at 8 pm. A total of 1650 loaves of bread are made by…

Answered: 5. In a bakery everyday bread loafs are…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Example 3: Alexis has a lengthy commute to work each day. There are two main routes that she takes on her way to work and they both average 40 minutes. Alexis likes to be able to predict how long before work she needs to leave in order to make it on time, and since both routes take the same average amount of time, she was interested in determining whether or not one route was more consistent with its timing. So she recorded how long it took her to drive to work 20 times total (Data shown below). Carry out an appropriate hypothesis test at the a = to determine if one route yields more consistent times than the other. 0.05 level %3D Route 1 41 42 41.5 40.5 41 40.5 40 39 40 42 Route 2 37 36 39 38 37 40 44 41 43 38 Standard Deviation Sample Size Route 1 0.950 10 Route 2 2.669 10
.A new, miracle diabetes drug that diminishes major symptoms of diabetes has been approved by the FDA. Health care professionals and researchers believe that the new drug will prolong lifespan of diabetes patients. If the population is in steady state and the incidence is constant, what will the effect of this new drug be on the prevalence of diabetes in the population? Explain.
How do I graph this?
Help Please!
The Harriet Hotel in downtown Boston has 100 rooms that rent for $150 per night. It costs the hotel $30 per room in variable costs (cleaning, bathroom items, etc.) each night a room is occupied. For each reservation accepted, there is a 5% chance that the guest will not arrive. If the hotel overbooks, it costs $200 to compensate guests whose reservations cannot be honored. How many reservations should the hotel accept if it wants to maximize the average daily profit?
please help me solve these
6. A small company can employ 3 workers. Each worker independently stays on the job for an exponentially distributed time with a mean of one year and then quits. When a worker quits, it takes the company an exponentially distributed time with a mean of 1/10 of a year to hire a replacement for that worker (independently of how long it takes to replace other workers). If the company takes in $1000 per day in revenue when it has 3 workers, $800 per day when it has 2 workers, and $500 per day when it has 0 or 1 workers, what is the company's long-run average daily revenue?
COMPUTE RANGE * From the 50 scores below, 48 56 53 60 43 65 62 72 38 66 32 37 60 49 56 62 73 63 52 52 38 42 56 71 48 59 42 55 66 63 70 35 39 67 32 48 37 38 39 73 63 50 48 50 44 50 52 43 42 70 50 41 32 73
State at least one conclusion from your data/graph (For example: State X has lost population by 10000 people, Region X is grew 10% over the last 50 years, etc.)
What if the model is a conditional logistic model? Will the answer be anything different? Thank you.
engineering data

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