6. The scheduling manager for an electricity supply company knows that there are on average 12...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
6. The scheduling manager for an electricity supply company knows that there are on average 12 emergency calls regarding power failures per month. Assume that the number of emergency calls per month can be modelled by a Poisson process and that there are 30 days in every month. (a) What is the probability that the company receives no emergency calls in a particular month? (b) What is the probability that at least 3 emergency calls in a particular month? (c) What is the expected number of emergency calls in a particular month? What is the variance? (d) Suppose that the company can handle a maximum of two emergency calls per day. What is the probability that there will be more emergency calls than they can handle on a given day? (Your answer should include specifically stating what distribution, including parameter/s you are using to calculate the probability) [12 marks] 6. The scheduling manager for an electricity supply company knows that there are on average 12 emergency calls regarding power failures per month. Assume that the number of emergency calls per month can be modelled by a Poisson process and that there are 30 days in every month. (a) What is the probability that the company receives no emergency calls in a particular month? (b) What is the probability that at least 3 emergency calls in a particular month? (c) What is the expected number of emergency calls in a particular month? What is the variance? (d) Suppose that the company can handle a maximum of two emergency calls per day. What is the probability that there will be more emergency calls than they can handle on a given day? (Your answer should include specifically stating what distribution, including parameter/s you are using to calculate the probability) [12 marks]
Expert Answer:
Answer rating: 100% (QA)
Given that the emergency calls follows poiisson distribution with ... View the full answer
Related Book For
Posted Date:
Students also viewed these mathematics questions
-
There are on average 5 old growth Sitka Spruce trees per 18 of an acre in a local forest Find the probability that that there are exactly 30 Sitka Spruce trees in 1 acre in a remote part of the...
-
The Port Arthur Computer Supply Company knows that 16% of its computers will require warranty repairs within one month of shipment. In a typical month, 279 computers are shipped. a. If x is the...
-
A pendulum can be modelled by the equation ''ml 2 + mgl' -sin() =fsin(rtao) It has initial conditions (0)=0, Using the perturbation method solve the equation of motion.
-
Because the entries in the present value table (Table 13 - 3) are reciprocals of the corresponding entries in the future value table (Table 13 - 1), how can Table 13 - 3 be used to find the future...
-
Why is it important for the CPA to evaluate the organization based on the going concern GAAP?
-
Some employees might not feel drawn to using Workplace for the wrong reasons. What do you think managers might need to do to encourage employees to use Workplace appropriately?
-
Walt Disney reports the following information for its two Parks and Resorts divisions. Assume Walt Disney uses a balanced scorecard and sets a target of 85% occupancy in its resorts. Using Exhibit...
-
Wash Clean Laboratories produces biodegradable liquid detergents that leave no soap film. The production process has been automated, so the product can now be produced in one operation instead of in...
-
Problem 2 o is the fitted value or predicted value of the response when the predictor is xo. 1) Derive the variance of o, o2 {0}, in a Simple Linear Regression setting when there is only one...
-
6.6, 7,000 lb/hr of aniline is to be heated from 100 to 150 by cooling 10,000 lb/hr of toluene with an initial temperature of 185F in 2- by 1-in. IPS double pipe hairpin exchangers 15 ft long....
-
metal and a group nonmetal The following Lewis representation depicts a reaction between a group - 2- In this representation, each electron(s) and each atom gains atom loses electron(s). The bonds...
-
Which of the following statements concerning the accounting and financial reporting for capital assets is false? a. Capitalization thresholds differ among governments and often within governments...
-
Assume that a wealthy alumnus donated $1 million to Chavis University to provide loans to qualifying students. Though not required by the donor, the universitys Board of Trustees voted to supplement...
-
In which of the following scenarios would a general long-term liability be reported as a governmental fund liability? a. The current portion of long-term debt should always be reported as a...
-
Which of the following items should be accounted for in an Agency Fund when a special assessment project is financed by issuing special assessment debt for which the government is not obligated in...
-
Governmental funds financial statements typically include the following except a. a Balance Sheet. b. a Statement of Revenues, Expenditures, and Changes in Fund Balances. c. a Statement of Cash...
-
Show directly that the given functions are linearly dependent on the real line. That is, find a nontrivial linear combination of the following functions that vanishes identically. f(x) = 13, g(x) = 5...
-
Answer the following two independent questions. a. MM Corporation is considering several proposed investments for the coming budget year. MM produces electrical apparatus for industrial complexes....
-
Refer to Exercise 6 and assume that the necessary conditions of normality and variance are met. a. For a bear with a chest size of 52 in., find y, the predicted weight. b. Find the 99% prediction...
-
In designing a new machine to be used on an assembly line at a General Motors plant, an engineer obtains measurements of arm-lengths of a random sample of male machine operators. The following values...
-
Complete the frequency table that corresponds to the frequency table in the exercise indicated by adding the relative frequency and cumulative relative frequency columns, accurate to 3 decimals....
-
Which of Parks statements regarding the asset allocation approaches is correct? A. Only Statement 3 B. Only Statement 4 C. Both Statement 3 and Statement 4 Kevin Kroll is the chair of the investment...
-
The suitability concern discussed by Kroll and Park most likely deals with: A. governance. B. transparency. C. investment horizon. Kevin Kroll is the chair of the investment committee responsible for...
-
Based on the forecasted environment, liquidity planning should take into account that general partners may: A. call capital at a slower pace. B. make distributions at a faster pace. C. exercise an...
Study smarter with the SolutionInn App