Answer 4 :
Mean () = 17 min
Standard Deviation () = 2 min
Answer (a) :
P (X > 20 ) = 1- P(X < 20)
We know that :
Therefore,
Using the Standard Normal Distribution Table, we get:
1 - 0.9332
= 0.0668
= 6.68%
Therefore, the Percentage of Customers that receive the Service rate for Half Price is 6.68%
Answer (b) :
We want to Restrict it to not more than 2%, i.e. P(X > x) = 0.02
Therefore, P(X < x) = 1- 0.02 = 0.98
and the Corresponding Z-Value is 2.054
Therefore,
Now, we just need to solve for X
4.108 = X - 19
X = 23.108 min.
Therefore, Guaranteed Time Limit Should be made 23.108 min.
Answer 5 :
Answer a and b :
Answer 6 :
Answer a :
proportion estimate for population proportion = sample proportion
=202/1010 = 0.20
i) Sample size is large
ii) 1010 were selected at random
Hence we assume proportion to follow normal distribution.
Yes. the requirements are satisfied
Answer b :
90% alpha = 1.645
Margin of error = 1.645* std error of proportion
= ±0.0207
STd error^2 = p(1-p)/n
Confidence interval at 90% = -0.1793 to 0.2207
= (-0.179, 0.221)
________________________________________________________
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please show wll work 4. [20 Points! The time required for an automotive center to complete...
6. [20 Points) In a poll, 202 of 1010 randomly selected adults aged 18 or older stated that they believe there is too little spending on national defense. Use this information to complete parts (a) through (c) below 2. Obtain a point estimate for the proportion of adults aged 18 or older who feel there is too little spending on national defense. b. Construct a 90% confidence interval for the proportion of adults aged 18 or older who believe there...
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4. [20 Points] The time required for an automotive center to complete an oil change service on an automobile approximately follows a normal distribution, with a mean of 19 minutes and a standard variance of 9 minutes. (a) The automotive center guarantees customers that the service will take no longer than 20 minutes. If it does take longer, the customer will receive the service for half-price. What percent of customers receive the service for half-price? (b) If the automotive center...
4. [20 Points) The time required for an automotive center to complete an oil change service on an automobile approximately follows a normal distribution, with a mean of 17 minutes and a standard deviation of 2 minutes. (a) The automotive center guarantees customers that the service will take no longer than 20 minutes. If it does take longer, the customer will receive the service for half-price. What percent of customers receive the service for half-price? (b) If the automotive center...
4. [20 Points] The time required for an automotive center to complete an oil change service on an automobile approximately follows a normal distribution, with a mean of 19 minutes and a standard variance of 9 minutes. (a) The automotive center guarantees customers that the service will take no longer than 20 minutes. If it does take longer, the customer will receive the service for half-price. What percent of customers receive the service for half-price? (b) If the automotive center...
4. [20 Points] The time required for an automotive center to complete an oil change service on an automobile approximately follows a normal distribution, with a mean of 19 minutes and a standard variance of 9 minutes. (a) The automotive center guarantees customers that the service will take no longer than 20 minutes. If it does take longer, the customer will receive the service for half-price. What percent of customers receive the service for half-price? (b) If the automotive center...
4. [20 Points] The time required for an automotive center to complete an oil change service on an automobile approximately follows a normal distribution, with a mean of 17 minutes and a standard deviation of 2 minutes. (a) The automotive center guarantees customers that the service will take no longer than 20 minutes. If it does take longer, the customer will receive the service for half-price. What percent of customers receive the service for half-price? (b) If the automotive center...
4. [20 Points] The time required for an automotive center to complete an oil change service an an automobile approximately follows a normal distribution, with a mean of 17 minutes and a standard deviation of 2 minutes (a) The automotive center guarantees customers that the service will take no longer than 20 minutes. If it does take longer, the customer will receive the service for half-price. What percent of customers receive the service for half-price? (b) If the automotive center...
4. [20 Points) The time required for an automotive center to complete an oil change service on an automobile approximately follows a normal distribution, with a mean of 17 minutes and a standard deviation of 2 minutes. (a) The automotive center guarantees customers that the service will take no longer than 20 minutes. If it does take longer, the customer will receive the service for half-price. What percent of customers receive the service for half-price? (b) If the automotive center...
4. [20 Points) The time required for an automotive center to complete an oil change service on an automobile approximately follows a normal distribution, with a mean of 19 minutes and a standard variance of 9 minutes. (a) The automotive center guarantees customers that the service will take no longer than 20 minutes. If it does take longer, the customer will receive the service for half-price. What percent of customers receive the service for half-price? (b) If the automotive center...