The length of time until a strike is settled is distributed uniformly from0 to 10.5 days. a.
Question:
a. Find the probability that a strike lasts less than 1 day.
b. Find the probability that a strike lasts less than 6 days.
c. Find the probability that a strike lasts between 6 and 7 days.
d. Find the conditional probability that a strike lasts less than 7 days, given that it already has lasted 6 days.
e. Compare your answers with those from Problem 9.12.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Making Hard Decisions with decision tools
ISBN: 978-0538797573
3rd edition
Authors: Robert Clemen, Terence Reilly
Question Posted: