Question

In: Statistics and Probability

Suppose that the time between two absences of a supermarket employee in a company follows an...

Suppose that the time between two absences of a supermarket employee in a company follows an exponential distribution. Based on the past data on number of supermarket employees absent in a particular month, it has been observed that on an average 5 supermarket employees tend to be absent in any given month. What is the probability that the time between two absences for a particular supermarket employee is:

  1. Less than 2 weeks

  2. Between 2 weeks and 4 weeks

  3. More than a month

Solutions

Expert Solution

Time between two absences follows an exponential distribution.

One month has 4 weeks.

Given: On an average 5 supermarket employees tend to be absent in any given month.

4/5 =0.8 week per absence or 0.8/4 =0.2 months occur between successive absences on an average.

So, the mean, =0.2

m = =1/0.2 =5

Cumulative probability is: P(T < t) = 1 – e-mt

1)

The probability that the time between two absences for a particular supermarket employee is less than 2 weeks:

2 weeks is 1/2 month. So,

P(T < 2 weeks) =P(T < 1/2 month)

=1 - e-5(1/2) =1 - e-2.5 =0.9179

2)

The probability that the time between two absences for a particular supermarket employee is between 2 weeks and 4 weeks is:

P(2 weeks < T < 4 weeks) =P(1/2 month < T < 1 month)

=P(T < 1 month) - P(T < 1/2 month) =(1 - e-5(1)) - (1 - e-5(1/2)) =0.9933 - 0.9179 =0.0754

3)

The probability that the time between two absences for a particular supermarket employee is more than a month is:

P(T > 1 month) =1 - P(T < 1 month) =1 - 0.9933 =0.0067


Related Solutions

Question one A researcher in a large supermarket wishes to study sickness absences among its employees....
Question one A researcher in a large supermarket wishes to study sickness absences among its employees. The organisation has branches in all the provinces, each branch keeps full records of sickness leave. A random sample of ten such branches produced the following data showing the number of days of sickness per branch in the year 2017. 18 23 26 30 32 35 39 45 48 54 Required: a) Using the above data a). Calculate (manually and using the computer software...
Assume that the time between two consecutive accidents in a chemistry lab follows an exponential distribution...
Assume that the time between two consecutive accidents in a chemistry lab follows an exponential distribution with parameter λ. Starting to count from the day of the first accident (this will be day 0), there has been accidents on the 28th, 50th, 60th days. Compute the maximum likelihood estimate of λ. Explain the steps.
An employee applied for a job in a company and agreed to be paid as follows:...
An employee applied for a job in a company and agreed to be paid as follows: He will recieve P1 on the 1st day, P2 on the 2nd day, P4 on the 3rd day, P8 on the 4th, and so on. ( meaning his daily pay doubles each day)> How much will he recieve the at the end of 30 days? use for loop or looping
Waiting time for checkout line at two stores of a supermarket chain were measured for a...
Waiting time for checkout line at two stores of a supermarket chain were measured for a random sample of customers at each store. The chain wants to use this data to test the research (alternative) hypothesis that the mean waiting time for checkout at Store 1 is lower than that of Store 2. (12 points) Store 1 (in Seconds) Store 2 (in Seconds) 470 375 394 319 167 266 293 324 187 244 115 178 195 279 400 289 228...
Waiting time for checkout line at two stores of a supermarket chain were measured for a...
Waiting time for checkout line at two stores of a supermarket chain were measured for a random sample of customers at each store. The chain wants to use this data to test the research (alternative) hypothesis that the mean waiting time for checkout at Store 1 is lower than that of Store 2. (12 points) Store 1 (in Seconds) Store 2 (in Seconds) 470 375 394 319 167 266 293 324 187 244 115 178 195 279 400 289 228...
Waiting time for checkout line at two stores of a supermarket chain were measured for a...
Waiting time for checkout line at two stores of a supermarket chain were measured for a random sample of customers at each store. The chain wants to use this data to test the research (alternative) hypothesis that the mean waiting time for checkout at Store 1 is lower than that of Store 2. Store 1 (in Seconds) Store 2 (in Seconds) 461 264 384 308 167 266 293 224 187 244 115 178 195 279 280 289 228 253 315...
Suppose that an airline quotes a flight time of 135 minutes between two cities. Furthermore, suppose...
Suppose that an airline quotes a flight time of 135 minutes between two cities. Furthermore, suppose that historical flight records indicate that the actual flight time between the two cities, x, is uniformly distributed between 115 and 155 minutes. Letting the time unit be one minute, (a) Write the formula for the probability curve of x. (c) Find P(139 < x < 141). (Round your answer to 4 decimal places.) (d) Find the probability that a randomly selected flight between...
An employee at the supermarket you manage mopped one of the aisles in the store and...
An employee at the supermarket you manage mopped one of the aisles in the store and placed signs at the ends of the aisle to warn people not to use the aisle until the floor has dried. One customer walked around the sign, slipped, fell, and suffered serious injuries. Her lawyer comes to you with the following story. She says that she is going to sue the store for the negligence that led to the customer's injuries. However, she says...
As an employee, write an internal memo to your manager addressing the following: For the Supermarket...
As an employee, write an internal memo to your manager addressing the following: For the Supermarket business, identify the factor that you believe is most likely to limit potential output capacity. Suggest several ways (other than raising prices) the business can maximize the contribution margin per unit of this limiting resource. (Hint: These businesses often do implement the types of strategies you are likely to suggest. Thus, your solution to this case may explain basic characteristics of businesses that you...
PART B 1. Waiting time for checkout line at two stores of a supermarket chain were...
PART B 1. Waiting time for checkout line at two stores of a supermarket chain were measured for a random sample of customers at each store. The chain wants to use this data to test the research (alternative) hypothesis that the mean waiting time for checkout at Store 1 is lower than that of Store 2. (12 points) Store 1 (in Seconds) Store 2 (in Seconds) 461 264 384 308 167 266 293 224 187 244 115 178 195 279...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT