Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Once a week a merchandiser replenishes the stocks of a particular product brand in the six stores for which she is responsible. Experience has shown

Once a week a merchandiser replenishes the stocks of a particular product brand in the six stores for which she is responsible. Experience has shown that there is one in five chance that a given store will have run out of stock before the merchandiser's weekly visit. a) Which probability distribution is appropriate in this problem and why? b) What is the probability that, on a given weekly round, the merchandiser will find exactly one store out of stock? c)What is the probability that the most two stores will be out of stock? d) What is the mean number of stores out of stock each week?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Physics

Authors: Jearl Walker, Halliday Resnick

10th Extended edition

978-1118230725

Students also viewed these Mathematics questions

Question

What is Accounting?

Answered: 1 week ago

Question

Define organisation chart

Answered: 1 week ago

Question

What are the advantages of planning ?

Answered: 1 week ago