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QUESTION 4 20 At a sandwich shop, 42% of customers buy a drink with their sandwich....
At a coffee shop, 80% of customers purchase a drink, 40% purchase something to eat, and 20% purchase both a drink and something to eat. 1. What fraction of customers purchase only a drink? 2. Given that someone bought something to eat, what is the probability they also got a drink? 3. Given that someone bought a drink, what is the probability they didn’t buy anything to eat?
At a coffee shop, 80% of customers purchase a drink, 40% purchase something to eat, and 20% purchase both a drink and something to eat. 3. (a) What fraction of customers purchase only a drink? (b) Given that someone bought something to eat, what is the probaility they also got a drink? (c) Given that someone bought a drink, what is the probability they didn't buy anything to eat?
4 decimal places please :) Maison Premiere is a famous bar in New York City. Based off past data, management knows 61% of customers buy mixed drinks and 49% of their customers order appetizers. Analysis has shown that 41% of customers buy both a drink and an appetizer. 28% of customers also order dessert but seems to be independent of whether they order appetizers or drinks. (Organize the information before starting parts a through f) Let D = buys a...
6. At Pierre’s Coffee Shop, 65% of customers order coffee, 20% order tea, and 11% order fruit juice, while 4% do not order anything to drink. In addition, 39% order a muffin, 26% order a bagel, and 23% order a Danish, while 12% do not order anything to eat. Finally, 8% of customers order both tea and a Danish, and 47% of people order fruit juice given that they have ordered a muffin. Assume that an individual customer will not...
Task 4: Coffee shop scheduling (9 marks total) 4. The Lakeside Coffee Shop morning customer load follows a normal distribution. The mean number of customers is 60 and the standard deviation is 15. a. Determine the probability that the number of customers tomorrow will be 50. (3 marks) b. If the store gets more than 70 customers, they need to have a fourth staff member working. What is the probability that they will need that fourth person tomorrow? (3 marks)...
Customers arrive at the coffee shop in Bilkent FBA atrium, with a mean rate of 80 per hour (assume Poisson). It takes the barista, on average 30 seconds per cup of coffee (assume Exponential). Assume also that each customer buys only one cup. Determine: (a) The average number of customers waiting in line. (b) The average time customers spend in the system. (c) The average number of customers in the system. (d) The probability that a customer will not have...
In an Italian breakfast café, a waitress has observed that 80% of her customers order coffee while the other 20% order a different drink. If a customer orders coffee, there is a 0.42 probability the customer will also order biscotti. On the other hand, only 15% of customers who ordered a different drink also order biscotti. Let B = a randomly selected customer orders biscotti and C- a randomly selected customer orders coffee a) Create EITHER a hypothetical two-way table...
I QUESTION 15 (a) Assumes that one out of ten customers entering a book shop buy books. If 10 customers visited the shop in one day, what is the probability that () One of the ten bought books, (i) Between two and five bought books, (li) No-one bought books. (b) Messages arrive at a reception desk in two different ways: via phone calls and via faxes. Assume that phone calls arrive on average at the rate of 2 per hour,...
Question 6 (10 points) ✓ Saved Price S $8 $7 $6 $5 D 20 45 70 95 120 Quantity Based on the graph above, how many units would the consumers wish to buy if the price is $8? a) O Ob) 20 Oc) 45 Od) 70 e) none of the above Question 7 (10 points) Saved Andrea is a profit-seeking entrepreneur who recently opened a muffin shop in Atlanta. Every morning she produces 100 muffins and sells each muffin at...
Question 28 (1 point) The demand for a good or service is determined by a) both those who buy and those who sell the good or service. Ob) those who sell the good or service. Oc) the government. Od) those who buy the good or service. Question 29 (1 point) If the supply of a product increases, then we would expect equilibrium price Oa) and equilibrium quantity to both increase. Ob) and equilibrium quantity to both decrease. O c) to...