The Wicker company has one repair specialist who services 200 machines in the shop and repairs machines that break down The average breakdown rate is 5 machine per day (or 1 breakdown every 2 days) This technician can fix two machines a day (a) Use MINITAB to construct a probability function, inclu...

To construct a probability function for the breakdown frequency using MINITAB assuming a Poisson dis ...

The Wicker company has one repair specialist who services 200 machines in the shop and repairs machines

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The Wicker company has one repair specialist who services 200 machines in the shop and repairs machines that break down. The average breakdown rate is λ = .5 machine per day (or 1 breakdown every 2 days). This technician can fix two machines a day.

(a) Use MINITAB to construct a probability function, including breakdown frequency from 0 to 10 cases per day. Assume a Poisson distribution.

(b) Wicker is interested in determining the probability that there will be more than two breakdowns in a day.

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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Question Posted: Feb 10, 2024 12:57 PM

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The Wicker company has one repair specialist who services 200 machines in the shop and repairs machines

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Statistics For Business And Financial Economics

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