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Statistics for Managers Study Set 1
Quiz 20: Probability and Combinatorics
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Question 141
Short Answer
The amount of time between successive TV watching by first graders follows an exponential distribution with a mean of 10 hours. The probability that a given first grader spends more than 5 hours between successive TV watching is ______.
Question 142
Multiple Choice
A company that receives the majority of its orders by telephone conducted a study to determine how long customers were willing to wait on hold before ordering a product. The length of waiting Time was found to be a variable best approximated by an exponential distribution with a mean Length of waiting time equal to 3 minutes (i.e. the mean number of calls answered in a minute is 1/3) . What proportion of customers having to hold more than 1.5 minutes will hang up before Placing an order?
Question 143
Short Answer
SCENARIO 5-14 An accounting firm in a college town usually recruits employees from two of the universities in town. This year, there are fifteen graduates from University A and five from University B and the firm decides to hire six new employees from the two universities. -Referring to Scenario 5-14, what is the probability that at least one of the new employees will be from University A?
Question 144
Multiple Choice
Let X represent the amount of time till the next student will arrive in the library parking lot at the university. If we know that the distribution of arrival time can be modeled using an exponential Distribution with a mean of 4 minutes (i.e. the mean number of arrivals is 1/4 per minute) , find The probability that it will take between 2 and 12 minutes for the next student to arrive at the Library parking lot.
Question 145
Multiple Choice
Let X represent the amount of time until the next student will arrive in the library parking lot at the university. If we know that the distribution of arrival time can be modeled using an Exponential distribution with a mean of 4 minutes (i.e. the mean number of arrivals is 1/4 per Minute) , find the probability that it will take more than 10 minutes for the next student to arrive at The library parking lot.
Question 146
Short Answer
SCENARIO 5-14 An accounting firm in a college town usually recruits employees from two of the universities in town. This year, there are fifteen graduates from University A and five from University B and the firm decides to hire six new employees from the two universities. -Referring to Scenario 5-14, what is the probability that at least two of the new employees will be from University B?
Question 147
Short Answer
SCENARIO 5-14 An accounting firm in a college town usually recruits employees from two of the universities in town. This year, there are fifteen graduates from University A and five from University B and the firm decides to hire six new employees from the two universities. -Referring to Scenario 5-14, what is the probability that no more than four of the new employees will be from University A?
Question 148
Short Answer
The interval between patients arriving at an outpatient clinic follows an exponential distribution with mean 15 minutes. What is the probability that a randomly chosen arrival to be less than 15 minutes?
Question 149
Short Answer
SCENARIO 5-14 An accounting firm in a college town usually recruits employees from two of the universities in town. This year, there are fifteen graduates from University A and five from University B and the firm decides to hire six new employees from the two universities. -Referring to Scenario 5-14, what is the probability that all of the new employees will be from University B?
Question 150
Short Answer
SCENARIO 5-14 An accounting firm in a college town usually recruits employees from two of the universities in town. This year, there are fifteen graduates from University A and five from University B and the firm decides to hire six new employees from the two universities. -Referring to Scenario 5-14, what is the probability that more than four of the new employees will be from University A?
Question 151
Multiple Choice
A company that receives the majority of its orders by telephone conducted a study to determine how long customers were willing to wait on hold before ordering a product. The length of waiting Time was found to be a variable best approximated by an exponential distribution with a mean Length of waiting time equal to 2.8 minutes (i.e. the mean number of calls answered in a minute is 1/2) 8) . What is the probability that a randomly selected caller is placed on hold fewer than 7 Minutes?
Question 152
Short Answer
The amount of time between successive TV watching by first graders follows an exponential distribution with a mean of 10 hours. The probability that a given first grader spends between 10 and 15 hours between successive TV watching is ______.
Question 153
Short Answer
The amount of time between successive TV watching by first graders follows an exponential distribution with a mean of 10 hours. The probability that a given first grader spends less than 20 hours between successive TV watching is ______.
Question 154
Short Answer
The interval between patients arriving at an outpatient clinic follows an exponential distribution with mean 15 minutes. What is the probability that a randomly chosen arrival to be more than 18 minutes?
Question 155
Short Answer
The interval between patients arriving at an outpatient clinic follows an exponential distribution at a rate of 15 patients per hour. What is the probability that a randomly chosen arrival to be less than 15 minutes?