At a whiteware production facility, fridges which have been damaged are scrapped (costing $250) as it is too expensive to interfere with the production line and repair any damage. If damaged fridges occur so that the number has a Poisson distribution with the rate λ = 2.5 each day, then what is the mean and standard deviation of the cost of scrapping the fridges in a 30 day month?

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Q: Show development for the solution Find the confidence level for the following critical values…

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Q: 1 72 a. Find c and c a (6) a1 + (7)ªn-2 b= €₂ = r²c₁r = c ₂ = 0 b. Substitute c, and c, into the…

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Q: home insurance. Its basic policy costs $ 1200 for a year and it pays out $100,000 in case of fire…

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Q: Can anyone solve problem 4?

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Q: table at a fair is testing out a new game that works as follows: the player rolls two six-sided…

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Q: Suppose X and Y have joint characteristic function (s, t). Show that, subject to the appropriate…

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Q: Show that the characteristic function of a random variable X satisfies |1 - 0(t)| ≤ EtX.

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Q: b) The life expectancy of the radioactive isotopes is exponentially distributed with a mean 3 years.…

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Q: 9. Let X and Y have the joint density f (x, y) = cx(y=x)e (a) Find c. (b) Show that: fx|y (x | y) =…

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Q: rs. Each coin which shows heads is tossed again. What is the mass function of the num is resulting…

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Q: A radio station runs a promotion at an auto show with a money box with 13 $100 tickets, and 13 $25…

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Q: 1. We are rolling 2 fair dice each with n sides. We will roll both and the the largest outcome of…

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Q: 4) If each digit can be used only once how many four-digit numbers can be formed from the digits…

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