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Statistics
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Essentials of Modern Business
Quiz 5: Discrete Probability Distributions
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Question 141
Essay
Ralph's Gas Station is running a giveaway promotion. With every fill-up of gasoline, Ralph gives out a lottery ticket that has a 25% chance of being a winning ticket. Customers who collect four winning lottery tickets are eligible for the "BIG SPIN" for large payoffs. What is the probability of qualifying for the big spin if a customer fills up: (a) 3 times; (b) 4 times; (c) 7 times?
Question 142
Essay
Consider a Poisson probability distribution in a process with an average of 3 flaws every 100 feet. Find the probability of a. no flaws in 100 feet b. 2 flaws in 100 feet c. 1 flaws in 150 feet d. 3 or 4 flaws in 150 feet