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Business Statistics
Quiz 6: Continuous Distributions
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Question 81
Multiple Choice
For an exponential distribution with a lambda () equal to 20, the mean equal to _______.
Question 82
Multiple Choice
The probability that someone will prefer Coke over Pepsi is 0.56.A researcher asked 90 people which soda pop they preferred, and used the normal approximation to the binomial with a correction for continuity, what would be the mean used in the calculation?
Question 83
Multiple Choice
The probability that someone will prefer Coke over Pepsi is 0.56.A researcher asked 90 people which soda pop they preferred, and used the normal approximation to the binomial with a correction for continuity, what would be the standard deviation used in the calculation?
Question 84
Multiple Choice
Participants in a 2 day biking event, cross the finish line at a rate of 10 bike riders per fifteen minute interval.On average, how much time, in minutes, elapses between bike riders?
Question 85
Multiple Choice
At a certain workstation in an assembly line, the time required to assemble a component is exponentially distributed with a mean time of 10 minutes.Find the probability that a component is assembled in 3 to 7 minutes?
Question 86
Multiple Choice
Participants in a 2 day biking event, cross the finish line at a rate of 10 bike riders per fifteen minute interval.The probability that at least 2 minutes will elapse between bike riders is closest to _____________.
Question 87
Multiple Choice
The average time between phone calls arriving at a call center is 30 seconds.Assuming that the time between calls is exponentially distributed, find the probability that less than two minutes elapse between calls.
Question 88
Multiple Choice
The average time between phone calls arriving at a call center is 30 seconds.Assuming that the time between calls is exponentially distributed, find the probability that more than a minute elapses between calls.
Question 89
Multiple Choice
Inquiries arrive at a record message device according to a Poisson process at a rate of 15 inquiries per minute.The probability that it takes more than 12 seconds for the first inquiry to arrive is approximately _________