Probability Frequency Calculations
Not what you're looking for?
The number of cars arriving at Joe Kelly's oil change and tune-up place during the last 200 hours of operation is observed to be the following:
Number of cars arriving Frequency
3 or less 0
4 10
5 30
6 70
7 50
8 40
9 or more 0
Based on the above frequencies, two digit random numbers are used and the following random number ranges have been developed.
Number of cars arriving Random Number ranges
4 00-04
5 05-19
6 20-54
7 55-79
Using the following sequence of random numbers, simulate 6 hours of car arrivals at Joe Kelly's oil change and tune-up facility. Random numbers: 92, 44, 15,77,21,38.
Purchase this Solution
Solution Summary
The solution answers the probability frequency questions regarding number of cars.
Solution Preview
First of all, we should complete the random number ranges table, as it doesn't specify what happens for the range 80-99. Given the frequency table, which shows that there are some hours in which 8 cars arrive, it's clear that the ...
Purchase this Solution
Free BrainMass Quizzes
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.