A service station has a pump that distributes diesel fuel to automobiles. The station owner estimates that
Question:
A service station has a pump that distributes diesel fuel to automobiles. The station owner estimates that only about 3.2 cars use the diesel pump every 2 hours. Assume the arrivals of diesel pump users are Poisson distributed.
a. What is the probability that three cars will arrive to use the diesel pump during a one-hour period?
b. Suppose the owner needs to shut down the diesel pump for half an hour to make repairs. However, the owner hates to lose any business. What is the probability that no cars will arrive to use the diesel pump during a half-hour period?
c. Suppose five cars arrive during a one-hour period to use the diesel pump. What is the probability of five or more cars arriving during a one-hour period to use the diesel pump? If this outcome actually occurred, what might you conclude?
Step by Step Answer:
32 cars 2 hours a P x 3 cars per 1 hour The interval has been ...View the full answer
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
Students also viewed these Statistics questions
-
A service station has both self-service and full-service islands. On each island, there is a single regular unleaded pump with two hoses. Let X denote the number of hoses being used on the...
-
A service station has one gasoline pump. Cars wanting gasoline arrive according to a Poisson process at a mean rate of 15 per hour. However, if the pump already is being used, these potential...
-
A service station has one gasoline pump. Cars wanting gasoline arrive according to a Poisson process at a mean rate of 15 per hour. However, if the pump already is being used, these potential...
-
For each of these utility functions, find the optimal consumption choices z and y for a consumer with budget w = 1, who faces prices pz = 0.05 and Py = 0.3. Are the goods substitutes or complements,...
-
If a mass m is placed at the end of a spring, and if the mass is pulled downward and released, the mass-spring system will begin to oscillate. The displacement y of the mass from its resting position...
-
59. Which of the following is an income statement account? * A) Dividend B) Accumulated depreciation C) Sales return & allowances D) Prepaid insurance 60. Statement of cash flows presents financial...
-
19-5. Mencione algunas maneras en las que los gerentes de marca utilizan Facebook para conversar con los admiradores de una marca. Cmo facilita Facebook las actividades de marketing mvil?
-
a. Create an application that allows you to enter student data that consists of an ID number, first name, last name, and grade point average. Depending on whether the students grade point average is...
-
In an emergency landing of a 250 tonne aircraft, with a 70 m wingspan and an aerofoil chord averaging 8 m; the pilot has selected the angle of attack to be near stall. Estimate the minimum landing...
-
Adjustments to be effected on 28 February 2019 The following was found as per physical count 1.1). Trading Stock RB0 300 1.2). Packing Material R700 2). Depreciate equipment at 10 % p.a on the...
-
In a study by Peter D. Hart Research Associates for the Nasdaq Stock Market, it was determined that 20% of all stock investors are retired people. In addition, 40% of all U.S. adults invest in mutual...
-
In a particular manufacturing plant, two machines (A and B) produce a particular part. One machine (B) is newer and faster. In one five-minute period, a lot consisting of 32 parts is produced....
-
a. One of the buffers in blood plasma is a mixture of dihydrogenphosphate ions (H 2 PO 4 ) and hydrogenphosphate (HPO 4 2 ) ions. i. Identify the conjugate acid and base in this buffer. ii. Write a...
-
Consider the following account balances (in thousands) for the Shaker Corporation In the Dec 31.2021 Cash $200,000 and Capital $2,000,000 and Retained earnings $1,500,000 The balances of raw...
-
Unless otherwise stated, assume gravitational acceleration g = 9.81 m/s and the density of water to be 1000 kg/m. Unless otherwise stated, give all numerical answers to 3 significant figures, such as...
-
The purpose of this installment is to classify stock, bond, and mutual fund investments, explore tools for their evaluation and select these securities based on your investment philosophy and goals....
-
Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their own homes within the Jackson County area. Three services are provided...
-
Caldwell (2003) explores differences between the roles of leaders and managers. "Leaders...envision, initiate, or sponsor strategic change of a far-reaching or transformational nature. In contrast,...
-
If I reach my goals, my chances for a promotion are increased. E-20
-
San Carlos Bank and Trust Company uses a credit-scoring system to evaluate most consumer loans that amount to more than $2,500. The key factors used in its scoring system are found at the conclusion...
-
Describe the keys to effective new product and service development.
-
The American Water Works Association reports that, on average, men use between 40 L and 60 L of water daily to shave when they leave the water running. Suppose the following data are the numbers of...
-
A local company installs natural-gas barbecues. As part of the installation, a ditch is dug to lay a small natural-gas line from the barbecue to the main line. On average, the depth of these lines...
-
A life insurance salesperson claims the average worker in the city of Winnipeg has no more than $25,000 of personal life insurance. To test this claim, you randomly sample 100 workers in Winnipeg....
-
3. How much life insurance do you need? Calculating resources - Part 2 Aa Aa E Paolo and Maria Rossi have completed Step 1 of their needs analysis worksheet and determined that they need $2,323,000...
-
On March 1, LGE asks to extend its past-due $1,200 account payable to Tyson, Tyson agrees to accept $200 cash and a 180-day, 8%, $1,000 note payable to replace the account payable. (Use 360 days a...
-
*Prepare the plant assets section of Amphonie's balance sheet at December 31, 2021 using the information below. At December 31, 2020, Amphonie Company reported the following as plant assets. Land $...
Study smarter with the SolutionInn App