Aardvark Auto Rental rents vehicles. Each day Aardvark Automotive Rental keeps track of whether its SUVs were returned in “failing” condition. Aardvark must use more of its resources to restore each SUV with a “failing” returned condition. Aardvark rents an average of five SUVs each day. The condition of returned SUVs is recorded for many days in which five SUVs were rented.

- Explain why SUV rental condition scenario can be a binomial experiment.
- Using the SUV Failure scatter plot, construct a frequency distribution for the number of failures.
- Compute the mean number of failures. The formula for the mean is as follows: ∑(x⋅f)∑f

- From the frequency distribution, construct the corresponding relative frequency distribution.Explain why the relative frequency distribution table is a probability distribution.Then, use Excel to create a scatter plot of the probability distribution:Select the two columns of the probability distribution. Click on INSERT, and then go to the Charts area and select Scatter. Then choose the first Scatter chart (the one without lines connecting).
- Using the frequency distribution, what is the SUV failure average? In part 3, note that the numerator in the formula for the mean is the total number of failures. The total number of trials is the denominator of the formula for the mean multiplied by 5. What does this average mean?
- The Binomial Distribution is uniquely determined by n, the number of trials, and p, the probability of “success” on each trial. Using Excel, construct the Binomial Probability Distribution for five trials, n, and probability of success, p, as the SUV failure average in part 5. Here is an explanation of the BINOM.DIST function in Excel:
__https://support.office.com/en-ie/article/BINOM-DIST-function-c5ae37b6-f39c-4be2-94c2-509a1480770c?ui=en-US&rs=en-IE&ad=I (Links to an external site.)__

For example, In Excel

=BINOM.DIST(7,15,0.7, FALSE)

represents the probability of 7 successes out of 15 (n) trials. The 0.7 is the probability of success, p.

Using the above value of n=5 with probability of success, p, as the SUV failure average in part 5, what is the probability of at least three SUV failures?

- Using the formula for the mean of the Binomial Distribution, what is the mean number of failures in part 6 above?
- In Excel, create a scatter plot for the Binomial Distribution. The instructions for creating a scatter plot are in part 4 above.
- Use the results above to compare the probability distribution of SUV failures and the Binomial Distribution. Compare the means in parts 4 and 6, too.

- If the probability distribution of SUV failures and the Binomial Distribution differ, explain why that is so.
- Do you think the Binomial Distribution is a good model for the SUV failure scenario? Why or why not?
- How can Aardvark Auto Rental use the binomial distribution to approximate SUV failures?
- In what other scenarios can Aardvark Auto Rental use the Binomial Distribution? Explain.

Write a report that adheres to the formatting and APA expectations outlined on the __Citing & APA Resources page (Links to an external site.)__ in the CSU-Global Writing Center. As with all written assignments at CSU-Global, you should have in-text citations and a reference page.

Submit your Excel file in addition to your report.

Requirements:

- The paper must be written in third person.
- Your paper should be four to five pages in length (counting the title page and references page) and cite and integrate at least one credible outside source. The
__CSU-Global Library (Links to an external site.)__is a great place to find resources. - Include a title page, introduction, body, conclusion, and a reference page.
- The introduction should describe or summarize the topic or problem. It might discuss the importance of the topic or how it affects you or society, or it might discuss or describe the unique terminology associated with the topic.
- The body of your paper should answer the questions posed in the problem. Explain how you approached and answered the question or solved the problem, and, for each question, show all steps involved. Be sure the Word document is in paragraph format, not numbered answers like a homework assignment.
- The conclusion should summarize your thoughts about what you have determined from the data and your analysis, often with a broader personal or societal perspective in mind. Nothing new should be introduced in the conclusion that was not previously discussed in the body paragraphs. Your conclusion should emanate from (be aligned with) your findings.
- Include any tables of data or calculations, calculated values, and/or graphs associated with this problem in the body of your assignment.
- Document formatting, citations, and style should conform to the
__Citing & APA Resources page (Links to an external site.)__. A short summary containing guidelines for paper formatting, citations, and references is contained in the__New Sample APA Paper (Links to an external site.)__. In addition, information in the__CSU-Global Virtual Library under the Writing Center/APA Resources tab (Links to an external site.)__has many helpful areas (Writing Center, Writing Tips, Template & Examples/Papers & Essays, and others).

Try it now!

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Custom Writings Help is a Quality-Oriented Company in Online Writing as a result of hiring exceptional professionals to execute clients' tasks.

Essays

At Custom Writings Help,We understand the struggle of research paper writing, and that is why at Custom WritingS Help, we are all out to help you. We pride ourselves on having a team of clinical writers. The stringent and rigorous vetting process ensures that only the 'BEST' Writers are chosen for the job. We have highly qualified Ph.D. and MA writers working with us; we equally offer these experienced writers specific bonuses and incentives to make them deliver highly original, unique, and informative content at reasonably low prices.

Admissions

Thesis Writing Service

Worlwide, Many Masters Students are struggling with Thesis Completion. A thesis is likely to be the longest and most challenging piece of work a student has ever completed. However, unlike essays and other assignments, a student can pick a particular interest topic and work on their initiative. Fortunately, we are there for you. At Custom Writings Help, you are assured of an authentic, imaginative, informative, linguistically great, and advantageous thesis that adheres to all your needs. So, why continue considering different writers when you have discovered the best in the field?

Editing

Custom Papers

Not a single student can avoid writing custom papers. However, a total lack of experience, skills, and time makes it very hard to produce a superb writing piece. Therefore, if you are seeking professional help, turn to us. Our specialized and experienced writers compose a variety of model papers, including custom essays, college term papers, research papers, book reports, MBA essays, executive summaries, dissertations, Ph.D. theses, admission essays, and research proposals for college and university students at any level.

Coursework

Essay Writing

Most of the students disregard the critical principles of essay writing and compose papers below sensible guidelines. Therefore, with Custom Writings Help, one should not worry about his/her essay. Our Writers compose informative and engaging content on all complexities and topics. We write meaningful and smart essays while prioritizing all aspects that bring about a good grade, such as impeccable grammar, proper structure, zero-plagiarism, and conformance to guidelines.

Coursework

Coourse Work Writing

Don't let the seemingly never-ending onslaught of writing assignments get you down. If you are looking where to get course work assistance online, the writers at Custom Writings Help are here to assist you with all of your writing needs. We undertake to unique delivery of papers that meet the professor's requirements. The content is proofread, edited, and checked plagiarism before submission to customers. No matter how big or small your work is, we will deliver on time. Try US Now! !

Coursework

Dissertation Writing Service

High-Quality Dissertation Writing Services are rare. They require Ph.D. academicians – not easily found. However, are an exception. The years, time, and resources we have invested in the dissertation world has given us a competitive advantage over others. Choose to come to Custom Writings Help; You will find perfect Ph.D. consultants who have written hundreds of dissertations theses ready to help you. Let our dissertation-writing services help you craft your dissertation, for you are assured we will give you the results.