Late arrivals to classes cause loss at a rate of 100 taka /min. A student's late arrival (min) probability follows the table below. Probability Delay (min) 0.4 0.2 0.1 0.02 0.01 0.005 2 10 20 40 90...

Late arrivals to classes cause loss at a rate of 100 taka /min. A student's late arrival (min)<br>probability follows the table below.<br>Probability<br>Delay (min)<br>0.4<br>0.2<br>0.1<br>0.02<br>0.01<br>0.005<br>2<br>10<br>20<br>40<br>90<br>(a) Which delays should he specially handle to minimize? Why? Show calculation.<br>(b) How much is his risk on any random day due to late arrival?<br>

Extracted text: Late arrivals to classes cause loss at a rate of 100 taka /min. A student's late arrival (min) probability follows the table below. Probability Delay (min) 0.4 0.2 0.1 0.02 0.01 0.005 2 10 20 40 90 (a) Which delays should he specially handle to minimize? Why? Show calculation. (b) How much is his risk on any random day due to late arrival?

Jun 02, 2022

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Late arrivals to classes cause loss at a rate of 100 taka /min. A student's late arrival (min) probability follows the table below. Probability Delay (min) 0.4 0.2 0.1 0.02 0.01 0.005 2 10 20 40 90...

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