subject
Business, 17.03.2020 20:03 BIKRAMlawati9684

USA Today reported that Parkfield, California, is dubbed the world's earthquake capital because it sits on top of the notorious San Andreas fault. Since 1857, Parkfield has had a major earthquake on the average of 2.0 times every 22 years. (a) Explain why a Poisson probability distribution would be a good choice for r = number of earthquakes in a given time interval. Frequency of earthquakes is a common occurrence. It is reasonable to assume the events are dependent. Frequency of earthquakes is a common occurrence. It is reasonable to assume the events are independent. Frequency of earthquakes is a rare occurrence. It is reasonable to assume the events are dependent. Frequency of earthquakes is a rare occurrence. It is reasonable to assume the events are independent. Correct: Your answer is correct. (b) Compute the probability of at least one major earthquake in the next 22 years. Round λ to the nearest hundredth, and use a calculator. (Use 4 decimal places.) Correct: Your answer is correct. (c) Compute the probability that there will be no major earthquake in the next 22 years. Round λ to the nearest hundredth, and use a calculator. (Use 4 decimal places.) Incorrect: Your answer is incorrect. (d) Compute the probability of at least one major earthquake in the next 59 years. Round λ to the nearest hundredth, and use a calculator. (Use 4 decimal places.) Incorrect: Your answer is incorrect. (e) Compute the probability of no major earthquakes in the next 59 years. Round λ to the nearest hundredth, and use a calculator. (Use 4 decimal places.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 03:40
Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production
Answers: 3
question
Business, 22.06.2019 06:20
At a small store, a customer enters the front door on average every 8 minutes. a prior study indicated that the time between customers entering the front door during weekdays follows an exponential distribution. what is the probability that the time between customers entering the store on a weekday will be less than or equal to 7? select one: a. 62 b. 43 c. 1/8 d. 7/8 e. 58
Answers: 1
question
Business, 22.06.2019 16:20
Stosch company's balance sheet reported assets of $112,000, liabilities of $29,000 and common stock of $26,000 as of december 31, year 1. if retained earnings on the balance sheet as of december 31, year 2, amount to $74,000 and stosch paid a $28,000 dividend during year 2, then the amount of net income for year 2 was which of the following? a)$23,000 b) $35,000 c) $12,000 d)$42,000
Answers: 1
question
Business, 22.06.2019 18:00
Carlton industries is considering a new project that they plan to price at $74.00 per unit. the variable costs are estimated at $39.22 per unit and total fixed costs are estimated at $12,085. the initial investment required is $8,000 and the project has an estimated life of 4 years. the firm requires a return of 8 percent. ignore the effect of taxes. what is the degree of operating leverage at the financial break-even level of output?
Answers: 3
You know the right answer?
USA Today reported that Parkfield, California, is dubbed the world's earthquake capital because it s...
Questions
question
Mathematics, 23.01.2021 23:50
question
Mathematics, 23.01.2021 23:50
question
Mathematics, 23.01.2021 23:50
question
Mathematics, 23.01.2021 23:50
question
Mathematics, 23.01.2021 23:50