SOLUTION: A gas station has a 7% chance of running out of gas. a)What is the probability the gas station will run out of gas one day in the next two weeks? b)What is the probability the

Algebra ->  Probability-and-statistics -> SOLUTION: A gas station has a 7% chance of running out of gas. a)What is the probability the gas station will run out of gas one day in the next two weeks? b)What is the probability the       Log On


   



Question 558823: A gas station has a 7% chance of running out of gas.
a)What is the probability the gas station will run out of gas one day in the next two weeks?
b)What is the probability the gas station will run out of gas at least two days in the next two weeks?
c)What is the expected number of times the gas station will run out of gas?

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
A gas station has a 7% chance of running out of gas.
a)What is the probability the gas station will run out of gas one day in the next two weeks?
P(x = 1) = 14C1*0.07*0.93^13 = binompdf(14,0.07,1) = 0.3815
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b)What is the probability the gas station will run out of gas at least two days in the next two weeks?
P(2<= x <=14) = 1 - binomcdf(14,0.07,1) = 0.2564
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c)What is the expected number of times the gas station will run out of gas
in two weeks?
Expected value = np = 14*0.07 = 0.98 = 1 day
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Cheers,
Stan H.
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