Help with Variance Homework - Find Mean & Probability

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The discussion revolves around calculating the mean and variance for the number of bikes that can be repaired before running out of wheels, given a 0.1 probability that a wheel will need replacing. The initial calculation for the mean was incorrectly stated as 1000, prompting a request for clarification on the methodology used. Participants are also addressing how to determine the variance and the probability of fixing 20 or more bikes, with skepticism about the accuracy of the provided probability calculation. The conversation emphasizes the need for detailed work to identify errors in the calculations. Overall, the thread seeks assistance in understanding these statistical concepts related to the repair shop scenario.
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Homework Statement



For every bike that comes into a repair shop there is a 0.1 probability that a wheel will need replacing. The shop always has 3 wheels in stock. X is the number of bikes that can be repaired before the wheels run out. I need to figure out the mean and variance of X.


Homework Equations





The Attempt at a Solution



For the mean I have done : 1/(0.1^3) = 1000 ..is this correct?
How would I figure out the variance?

I also need to figure out the probability that 20 or more bikes can be fixed before the wheels run out. I have done (1-0.001*19) = 0.981. I don't think that this is correct though?

Thanks for any help.
 
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t.war13 said:

Homework Statement



For every bike that comes into a repair shop there is a 0.1 probability that a wheel will need replacing. The shop always has 3 wheels in stock. X is the number of bikes that can be repaired before the wheels run out. I need to figure out the mean and variance of X.


Homework Equations





The Attempt at a Solution



For the mean I have done : 1/(0.1^3) = 1000 ..is this correct?
How would I figure out the variance?

I also need to figure out the probability that 20 or more bikes can be fixed before the wheels run out. I have done (1-0.001*19) = 0.981. I don't think that this is correct though?

Thanks for any help.

Your expression for the mean is wrong. How did you obtain it? We cannot help if you don't show your work, because we will have no way to tell where you went astray.
 
(Ray, my guess is there was no working.)
t.war13, what is the probability that no more than two of the next N bikes will need wheels?
 
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