Statistics Solutions

[Solution Library] A factory wishes to model the quality of widgets that it makes. The average number of defects occurring per widget is 2.8. The factory wants

Question:

A factory wishes to model the quality of widgets that it makes. The average number of defects occurring per widget is 2.8. The factory wants to create a Monte Carlo Simulation, and as part of this it needs to know the number of defects occurring in each widget. It believes that this will follow a Poisson distribution. The random number generator produces the live numbers below. What should be the values that used for the number of defects in each of the first 5 widgets based on these numbers?

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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