Homework SourseA company is analyzing failures among its fleet of delivery
A company is analyzing failures among its fleet of delivery vehichles. Over the course of 15 weeks, the company observes the following number of breakdowns per week:
The company is using a binomial distribution with n=6 and p to model the number of breakdowns per week. Determine the moment estimate of p
| Number of breakdowns | Number of Weeks |
| 0 | 1 |
| 1 | 2 |
| 2 | 3 |
| 3 | 3 |
| 4 | 3 |
| 5 | 2 |
| 6 | 1 |
Solution
