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Statistics for Managers Study Set 1
Quiz 20: Probability and Combinatorics
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Question 161
Short Answer
SCENARIO 6-7 The interval between consecutive hits at a web site is assumed to follow an exponential distribution with a mean of 40 hits per minute. -Referring to Scenario 6-7, what is the mean time between consecutive hits?
Question 162
Short Answer
The interval between patients arriving at an outpatient clinic follows an exponential distribution at a rate of 1 patient per hour. What is the probability that a randomly chosen arrival to be less than 20 minutes?
Question 163
True/False
To determine the probability of getting no more than 3 events of interest in a binomial distribution, you will find the area under the normal curve for X = 2.5 and below.
Question 164
True/False
To determine the probability of getting between 2 and 4 events of interest in a binomial distribution, you will find the area under the normal curve between X = 1.5 and 4.5.
Question 165
Short Answer
The interval between patients arriving at an outpatient clinic follows an exponential distribution at a rate of 1.5 patients per hour. What is the probability that a randomly chosen arrival to be between 10 and 15 minutes?
Question 166
True/False
One of the reasons that a correction for continuity adjustment is needed when approximating the binomial distribution with a normal distribution is because a random variable having a binomial distribution can have only a specified value while a random variable having a normal distribution can take on any values within an interval around that specified value.
Question 167
Short Answer
The interval between patients arriving at an outpatient clinic follows an exponential distribution at a rate of 1 patient per hour. What is the probability that a randomly chosen arrival to be more than 1 hour?