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  • 20-01-2024
  • Engineering
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Suppose that the amount of product used in one day has a gamma distribution with a = 1.5 and ẞ = 3.

a) Find the probability that the plant will use more than 4 tons on a given day.


b) How much of the bulk product should be stocked so that the plant's chance of running out of the product is only .05?

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