Demand for tuna sandwiches with probability
Step 1: Calculate the cumulative frequency
Step 2: Assign the interval for random variables
Demand |
Probability |
Cumulative frequency |
Random number |
7 |
0.4 |
0.4 |
01-40 |
8 |
0.2 |
0.6 |
41-60 |
9 |
0.2 |
0.8 |
61-80 |
10 |
0.2 |
1.0 |
80-100 |
Step 3: Sandwich sales represents demand
Find the random number interval to which the random number falls to and corresponding demand value represent the sandwich sales.
Random numbers |
Sandwich sales |
98 |
10 |
58 |
8 |
33 |
7 |
80 |
10 |
8 |
7 |
70 |
9 |
56 |
8 |
56 |
8 |
65 |
9 |
31 |
7 |
The daily demand for tuna sandwiches at an Ohio University cafeteria vending machine is either 7,8,9,...
The daily demand for tuna sandwiches at an Ohio University cafeteria vending machine is either 8, 9, 10, or 11, with probabilities 0.3, 0.3, 0.1, and 0.3, respectively. Assume the following random numbers have been generated: 49, 21, 97, 45, 34, 69, 39, 92, 30, and 66. (Note: Assume the random number interval begins at 01 and ends at 00.) Based on the given probabilly distribution, the sandwich sales for the given random number are (round all responses to the...
Problem 1: Confidence Interval for Percentage of B’s. The data set “STAT 250 Final Exam Scores” contains a random sample of 269 STAT 250 students’ final exam scores (maximum of 80) collected over the past two years. Answer the following questions using this data set. a) What proportion of students in our sample earned B’s on the final exam? A letter grade of B is obtained with a score of between 64 and 71 inclusive. Hint: You can do this...
1) Consider the following distribution and random numbers: Demand Frequency 0.15 0.30 0.25 0.15 0.15 Random Numbers; 62 13 25 40 0 4 What four demand values would be developed from the random numbers listed? 2) Given the following random number ranges and the following random number sequence: 62, 13, 40, 86, 93, determine the expected average demand for the following distribution of demand. Random Demand Number Ranges 00-14 15-44 45-69 70-84 85-99 Answer:_ The number of cars arriving at...
2. A recent study by the University of Pittsburg showed that the average number of airplanes flying over downtown Pittsburg is four per hour. Assume the passing of these airplanes is approximated by the Poisson distribution. (a) Find the probability that no airplanes flew over Pittsburg between 8am and 9am on Sunday. (b) Find the probability that exactly three airplanes flew during that time. (c) Find the probability that exactly four airplanes flew during that time (d) Find the probability...
2. A recent study by the University of Pittsburg showed that the average number of airplanes flying over downtown Pittsburg is four per hour. Assume the passing of these airplanes is approximated by the Poisson distribution (a) Find the probability that no airplanes flew over Pittsburg between 8am and 9am on Sunday. (b) Find the probability that exactly three airplanes flew during that time. (c) Find the probability that exactly four airplanes flew during that time. (d) Find the probability...
i need help on question 3 to 22 please. Midterm ex review. MATH 101 Use the following information to answer the next four exercises. The midterm grades on a chemistry exam, graded on a scale of 0 to 100, were: 62, 64, 65, 65, 68, 70, 72, 72, 74, 75, 75, 75, 76,78, 78, 81, 82, 83, 84, 85, 87, 88, 92, 95, 98, 98, 100, 100,740 1. Do you see any outliers in this data? If so, how would...
1. When it comes to financial matters, the views of Aristotle can be stated as: a. usury is nature’s way of helping each other. b. the fact that money is barren makes it the ideal medium of exchange. c. charging interest is immoral because money is not productive. d. when you lend money, it grows more money. e. interest is too high if it can’t be paid back. 2. Since 2008, when the monetary base was about $800 billion,...