Purchase Solution

Probability of Faxed and Online Orders

Not what you're looking for?

Ask Custom Question

A company receives 20 faxed orders every two hours.
What is the probability that it will receive 8 orders in the next hour?
What is the probability that more than 12 minutes will elapse between faxed orders?
The company also receives online orders. These orders are over $200 on average 15% of the time. What is the probability that in a sample of 10 online orders, 5 or 6 will be over $200?

Purchase this Solution
Solution Summary

The solution comprises of formulas and detailed step-by-step calculations of the given probability problem.

Solution provided by:
Anwesha Ghosh, MSc
Education
  • MSc, Osmania University
  • MSc, Indian Institute of Technology - Roorkee (I.I.T.-ROORKEE)
  • BSc, Banaras Hindu University
Recent Feedback
  • "Very fast turnaround. Excellent communication! Much appreciated!"
  • "excellent"
  • "excellent"
  • "excellent work"
  • "Fantastic..great solution and very well explained!!!!"
Purchase this Solution
Free BrainMass Quizzes
Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

View More Free Quizzes
Related BrainMass Solutions

  • Technology and Distribution

    We have moved from truckload order quantities to LTL (less than truckload) to the world of UPS, Fedex, Airborne and others. We have moved from printed orders to faxed orders to EDI to online interactive ordering.

  • Word problems and equations

    The store charges $2.15 to send the first page and $ 0.65 for each subsequent page . USE an inequality to find the number of pages that can be faxed for $6.05. 1.

  • Logarithms : Change of base formula.

    math 165 - Precalc study guide 1 for exam 1 Problems of Quiz 1 need to be fully worked out to receive full credit. Answers need to be faxed to me by Monday, February 18th by 5pm.. Please title it "Math 165 online". Show all your work. 1.

  • Companies and Growth of the Internet

    to them, and order some of their medications from online suppliers.

  • Exponential and Logarithmic Equations

    Answers need to be faxed to me by Monday, February 18th by 5pm (yes, I am late & stressed).. Please title it "Math 165 online". Show all your work. 2. Solve for x in each of the following equations below. Give the exact answer when possible.

  • Probability Tree and Venn Diagram

    In the recent past, 28% of orders have been large dollar amounts, 13% of orders have been heavy and 10% of orders have been large in dollar amounts and heavy in weight. a.

  • Probability of Orders for Installation of Computer Information System

    What is the probability that either four or five orders will arrive in a given week? e. Assuming independence of weekly orders, what is the probability that three orders will arrive next week and the same number of orders the following week? f.

  • Marketing Products and Coupons

    Are buyers willing to register at various online sites to get coupons faxed or emailed to them? Why or why not? What could these websites do to become more user friendly for buyers?

  • manage communication

    Urgent orders: The purpose of these orders is to ensure that quick action is taken. Usually, the head office sends urgent orders in response to developments. The frequency will be when the need arises.

View More Related Solutions