Poisson process with an average
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The length of time (in seconds) that a user views a page on a Web site before moving to another page is a lognormal random variable with parameters ? = 2.5 and w2 = 1.
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What is the probability that a part is longer than 90.3 millimeters or shorter than 89.7 millimeters? What should the process mean be set at to obtain the greatest number of parts between 89.7 and 90.3 millimeters?
Suppose that the logons to a computer network follow a Poisson process with an average of 3 counts per minute.
Birth weights in the US are normally distributed with a mean of 3420g and standard deviation 495g. What is the probability that a baby will weigh 4420g?
At year-end (December 31), Alvare Company estimates its bad debts as 0.40% of its annual credit sales of $945,000. Alvare records its Bad Debts Expense for that estimate.
Suppose the counts recorded by a Geiger counter follow a Poisson process with an average of two counts per minute.
Construct a scatter plot for the data. Does the relationship appear to be linear?
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