Question

# Give an example of a real life event that would occur as a discrete random variable....

Give an example of a real life event that would occur as a discrete random variable. Discuss why would it be valuable to estimate the probability of such an event occurring.

An example of discrete random variable would be the probabilities of recieving number of calls(say 0 to 10) by a customer care executive in one hour in a day.

Suppose we are operating a call centre, based on the probabilities of number of calls it can be identified whether there is a requirement of more customer care executives or less or the present number is sufficient. Thus, these probabilities of discrete number of calls would help us to forecast the expected number of calls and hence help us to find number of executives required in the centre.

#### Earn Coins

Coins can be redeemed for fabulous gifts.

##### Need Online Homework Help?

Most questions answered within 1 hours.

##### Active Questions
• The mass m1 on a smooth table is connected to the mass m2 which moves only...
• Florin and Guilder are two countries separated by a narrow sea. They use currencies called, respectively,...
• determine the net allowable bearing capacity for 1.1 × 1.7 m foundation with limiting settlement of...
• O’Connor Ltd started business on 31 March 2010 in the recycling industry. The company balances its...
• The population proportion is 0.38. What is the probability that a sample proportion will be within...
• You have constructed a quinhydrone concentration cell with buffers of pH = 4.2 and pH =...