Special Probability Distributions Chapter 8 Ibrahim Bohari bibrahim@preuni.unimas.my LOGO Binomial Distribution Binomial Distribution In an experiment of n independent trials‚ where p is a the probability of a successful outcome q=1-p is the probability that the outcome is a failure If X is a random variable denoting the number of successful outcome‚ the probability function of X is given P X r nCr p r q nr Where q=1-p r=0‚1‚2‚3‚….. X~B(n‚p) The n trials
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“Wegman’s Distribution System Case Study 1.) What are the major components of Wegman’s distribution system? As being said‚ Wegmans Food Markets‚ Inc.‚ is one of the premier grocery Chains in the United States that employs over 37‚000 people and has annual sales of over $3 billion. It is also known for it render customers high product quality and excellent services and is a major regional supermarket chain‚ and one of the largest private companies in the U.S.‚ and has strong employee benefit
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The Poisson probability distribution‚ named after the French mathematician Siméon-Denis. Poisson is another important probability distribution of a discrete random variable that has a large number of applications. Suppose a washing machine in a Laundromat breaks down an average of three times a month. We may want to find the probability of exactly two breakdowns during the next month. This is an example of a Poisson probability distribution problem. Each breakdown is called an occurrence in Poisson
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Marks: 1 Assume that X has a normal distribution‚ and find the indicated probability. The mean is μ = 60.0 and the standard deviation is σ = 4.0. Find the probability that X is less than 53.0. Choose one answer. a. 0.5589 b. 0.0401 c. 0.9599 d. 0.0802 Question2 Marks: 1 Use the given degree of confidence and sample data to find a confidence interval for the population standard deviation. Assume that the population has a normal distribution. Weights of eggs: 95% confidence;
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It was in the year 1947 that both India and Pakistan were granted independence on the midnight of August 14-15 but Pakistan celebrates its independence on August 14 and India on August 15. Ironic but interestingly‚ Pakistan first independence day was celebrated as August 15 and later on it became August 14. Another reason was that British Viceroy Mountbatten‚ who chose August 15 symbolizing the surrender of Japan to Allies two years ago as the date‚ preferred to transfer power to Pakistan on August
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distributors-but those partnerships nearly always blow up in the end. Much ofthe blame lies with the multinationals themselves. They need to understand how their new partners are different from the ones at home. Seven Rules o/lnternational Distribution by David Arnold AN ESTABLISHED CORPORATION LOOKING FOR new international markets makes a foray into an / \ emerging market‚ carefully limiting its exposure by appointing an independent local distributor. At first‚ sales take off‚ revenues
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In order for patrol distribution to be effective‚ it must revolve around the goal of trying to satisfy the vast majority of citizens’ concerns within a jurisdiction (Fritsch et al.‚ 2008). Patrol allocation should be taken into consideration in order to effectively distribute the patrol. Depending on the size of a police department and its jurisdiction‚ patrol allocation can help distribute the patrol by dividing the patrol jurisdiction into different areas and assigning officers to patrol some or
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Essay Title: Describe and explain the population distribution of Brazil. Population distribution means the pattern of where people live. The world’s population distribution is very uneven. Places which are sparsely populated contain few people and places which are densely populated contain many people. Sparsely populated places tend to be difficult places to live. These are usually places with hostile environments e.g. Antarctica. Places which are densely populated are habitable environments e.g
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(2) Jan 2001 3) A fair six-sided die is rolled. The random variable Y represents the score on the uppermost‚ face. (a) Write down the probability function of Y. (b) State the name of the distribution of Y. (2) (1) Find the value of (c) E(6Y + 2)‚ (d) Var(4Y – 2).
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Jones Electrical Distribution Dr. C. Bulent Aybar Professor of International Finance Context • Jones Electrical Distribution has been expanding rapidly for the past several years. • Increases in working capital requirements have significantly outrun the capacity of the company to generate funds from internal sources. • The company has been forced to forgo taking discounts on accounts payable and to borrow in increasing amounts from its bank to maintain its expansion. • Jones must decide whether
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