Answer to Question #139664 in Statistics and Probability for siyam

Question #139664
Twenty Companies were asked whether they provide retirement benefits to their employees.
Fourteen of the companies said they do provide retirement benefits to their employees and six
said they do not. Five companies are randomly selected from these 20. Find the probabilities
that:

i. Exactly two of them provide retirement benefits to their employees.
ii. None of them provide retirement benefits to their employees.
iii. At most one of them provides retirement.

b. The number of people arriving for treatment at an emergency room can be modeled by a
Poisson process with a rate parameter of five per hour
i. What is the probability that exactly four arrivals occur during a particular hour?
ii. What is the probability that at least four people arrive during a particular hour?
iii. What is the probability that exactly four arrivals occur during 45 minutes period?
1
Expert's answer
2020-10-25T19:17:41-0400

Population proportion "p=\\frac{14}{20}=0.7"

Sample size "n=5"



"P(X=r) = \\ _nC_r P^r(1-P)^{n-r}"



i) p(X=2)



"\\ _5C_2 \\ * 0.7^2(1-0.7)^{5-2}=0.1323"


the probability is 0.1323


ii) p(x=0)



"\\ _5C_0 *0.7^0(1-0.7)^{5}= 0.00243"

the probability is 0.00243


iii) "p \\le 1"



"= \\ _5C_0 *0.7^0(1-0.7)^{5-0} + \\ _5C_1 *0.7^1(1-0.7)^{5-1} =0.03078"

the probability is 0.03078


PART b)



"f(x) = \\frac{e^{- \\mu } \\mu^x}{x!}=\n\\frac{e^{-5} 5^x}{x!}"

i) p(X=4)


"\\frac{e^{-5} 5^4}{4!} = 0.17547"

the probability is 0.17547


ii) the probability that x is greater than or equal to 4

"\\int _4 ^\\infin \\frac{e^{-5} 5^x}{x!}dx=0.73498"


iii) in 45 minute period,


"Rate, \\mu = \\frac{45}{60}*5=3.75"

"\\frac{e^{-3.75} *3.75^4}{4!}=0.19378"

The probability is 0.19378

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
APPROVED BY CLIENTS