A travel agency receives an average of 150 calls per hour (time between calls are exponentially distributed). It takes an operator an average of 5 minutes to handle a call (exponentially distributed). If a caller gets a busy signal, the travel agency assumes that he or she will call a competitor, and the travel agency will lose an average of $50 in profit. The cost of keeping a phone line open is $12 per hour. How many operators should the travel agency have on duty?
A store donated a lot of 8 computer sets that includes 3 which are malfunctioning or defective. If 4 of this computer sets are chosen at random for delivery to a school.
i) What will be the probability mass function of a random variable đ?
ii) What will be the expected value of đ?
For each fixed λ > 0, let X have a Poisson distribution with parameter λ. Suppose λ
itself is a random variable with the gamma distribution
f(λ) =
ïŁ±
ïŁČ
ïŁł
1
Î(n)
λ
nâ1
e
âλ
, λ ℠0
0, λ < 0
where n is a fixed positive constant. Show that
P(X = k) = Î(k + n)
Î(n)Î(k + 1)
1
2
k+n
, k = 0, 1, 2
Translate these statements into English, where C(x) is âx is a comedianâ and F(x) is âx is funnyâ and the domain consists of all people.
a) âx(C(x) â F(x))
b) âx(C(x) â§ F(x))
c) âx(C(x) â F(x))
d) âx(C(x) â§ F(x))
Determine the lowest common multiple LCM of the denominator of the fractions 5/9 and 3/ 15
Present an argument in one or two sentences whether you think there is likely to
be, or not likely to be, a relationship between the following pairs of variables. In each case, if
you think there is no relationship, explain why not; but if you think there is a relationship,
explain whether and why you think it is a positive or negative relationship. (Note: the
explanation is more important than the yes/no, +/- part of your answer.)
Q1.1 Childhood mortality and GPC per capita
Q1.2 Childhood mortality and Literacy
Q1.3 GPC per capita and Literacy
Sketch the graph of f by hand and use your sketch to find the absolute and local maximum and minimum values of f. (Enter your answers as a comma-separated list. If an answer does not exist, enter DNE.)
f(x) = sin(x),    0 â€Â x < đ
2
Five thousand lottery tickets are sold for $1 each. One ticket will win $1000, two tickets will win $500 each, and ten tickets will win $100 each. Let X denote the net gain from the purchase of a randomly selected ticket.
a. Construct the probability distribution of C
b. Compute the standard deviation of X
2ydx+x(x^2lny-1)dy=0
A drug response curve describes the level of medication in the bloodstream after a drug is administered. A surge function S(t) = Atpeâkt
 (where t > 0) is often used to model the response curve, reflecting an initial surge in the drug level and then a more gradual decline. If, for a particular drug, A = 0.03, p = 4, k = 0.05, and t is measured in minutes, estimate the times t corresponding to the inflection points. (Round your answers to two decimal places.)t = min (smaller value) t = min (larger value)