The number of accidents in a large assembly plant is known to have a mean rate of 4.0 per year. a) What is the probability that exactly 0 accidents happen in a year? (Rounded to 3 decimal places)Answer b) What is the expected number of accidents that will happen in 2 year(s)? (Rounded to 1 decimal place) c) If every accident results in an average loss of R7761.49, what is the expected loss in the next 2 year(s)? (Rounded to 2 decimal places) R
The number of accidents in a large assembly plant is known to have a mean rate of 4.0 per year. a) What is the probability that exactly 0 accidents happen in a year? (Rounded to 3 decimal places)Answer b) What is the expected number of accidents that will happen in 2 year(s)? (Rounded to 1 decimal place) c) If every accident results in an average loss of R7761.49, what is the expected loss in the next 2 year(s)? (Rounded to 2 decimal places) R
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The number of accidents in a large assembly plant is known to have a mean rate of 4.0 per year.
a) What is the probability that exactly 0 accidents happen in a year? (Rounded to 3 decimal places)Answer
b) What is the expected number of accidents that will happen in 2 year(s)? (Rounded to 1 decimal place)
c)
If every accident results in an average loss of R7761.49, what is the expected loss in the next 2 year(s)? (Rounded to 2 decimal places) R
d) What is the variance of the number of accidents per year? (Rounded to 1 decimal place)
e) What is the standard deviation of the number of accidents per year? (Rounded to 2 decimal places)
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