Question

What is the age distribution of promotion-sensitive shoppers? A supermarket super shopper is defined as a...

What is the age distribution of promotion-sensitive shoppers? A supermarket super shopper is defined as a shopper for whom at least 70% of the items purchased were on sale or purchased with a coupon. Age range, years 18-28 29-39 40-50 51-61 62 and over Midpoint x 23 34 45 56 67 Percent of super shoppers 9% 40% 26% 12% 13% For the 62-and-over group, use the midpoint 67 years. (a) Using the age midpoints x and the percentage of super shoppers, do we have a valid probability distribution? Explain. Yes. The events are distinct and the probabilities do not sum to 1. Yes. The events are indistinct and the probabilities sum to less than 1. Yes. The events are distinct and the probabilities sum to 1. No. The events are indistinct and the probabilities sum to more than 1. No. The events are distinct and the probabilities sum to 1. (b) Use a histogram to graph the probability distribution of part (a). (c) Compute the expected age μ of a super shopper. (Round your answer to two decimal places.) μ = yr (d) Compute the standard deviation σ for ages of super shoppers. (Round your answer to two decimal places.) σ = yr 5. –/2 points Ask Your Teacher My Notes Question Part Points Submissions Used 1 2 –/1 –/1 0/2 0/2 Total –/2 Let z be a random variable with a standard normal distribution. Find the indicated probability. (Round your answer to four decimal places.)

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Given toble cu 2.3 3 4 45 970.09 18-28 2g-3g 110-5.0 51- 6 62 ove 127- 0.12. 100% Heae surm obabilidy ae have e valid paobabio supex Shoppex 19) shopper t 0-2 6 (45-42.3) 012 (56-423) : + (o. 12 24.2 2 828

Add a comment
Know the answer?
Add Answer to:
What is the age distribution of promotion-sensitive shoppers? A supermarket super shopper is defined as a...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • What is the age distribution of promotion-sensitive shoppers? A supermarket super shopper is defined as a...

    What is the age distribution of promotion-sensitive shoppers? A supermarket super shopper is defined as a shopper for whom at least 70% of the items purchased were on sale or purchased with a coupon. Age range, years 18-28 29-39 40-50 51-61 62 and over Midpoint x 23 34 45 56 67 Percent of super shoppers 8% 41% 19% 9% 23% For the 62-and-over group, use the midpoint 67 years. (a) Using the age midpoints x and the percentage of super...

  • What is the age distribution of promotion-sensitive shoppers?

    What is the age distribution of promotion-sensitive shoppers? A supermarket super shopper is defined as a shopper for whom at least 709% of the items purchased were on sale or purchased with a coupon.For the 62-and-over group, use the midpoint 67 years. (a) Using the age midpoints x and the percentage of super shoppers, do we have a valid probability distribution? Explain. No. The events are distinct and the probabilities sum to 1. Yes. The events are distinct and the probabilities sum to...

  • What is the income distribution of super shoppers? A supermarket super shopper is defined as a shopper for whom at least...

    What is the income distribution of super shoppers? A supermarket super shopper is defined as a shopper for whom at least 70% of the items purchased were on sale or purchased with a coupon. In the following table, income units are in thousands of dollars, and each interval goes up to but does not include the given high value. The midpoints are given to the nearest thousand dollars. Income range 5-15, 15-25, 25-35, 35-45, 45-55, 55 or more. Midpoint x...

  • What is the income distribution of super shoppers? A supermarket super shopper is defined as a shopper for whom at leas...

    What is the income distribution of super shoppers? A supermarket super shopper is defined as a shopper for whom at least 70% of the items purchased were on sale or purchased with a coupon. In the following table, income units are in thousands of dollars, and each interval goes up to but does not include the given high value. The midpoints are given to the nearest thousand dollars. Income range 5-15 15-25 25-35 35-45 45-55 55 or more Midpoint x...

  • 4. 6.55/12.5 points Previous Answers BBUnderStat 12 5.1.011. 2/10 Submissions Used My Notes Ask Your Teacher...

    4. 6.55/12.5 points Previous Answers BBUnderStat 12 5.1.011. 2/10 Submissions Used My Notes Ask Your Teacher What is the income distribution of super shoppers? A supermarket super shopper is defined as a shopper for whom at least 70% of the items purchased were on sale or purchased with a coupon. In the following table, income units are in thousands of dollars, and each interval goes up to but does not include the given high value. The midpoints are given to...

  • What was the age distribution of nurses in Great Britain at the time of Florence Nightingale?...

    What was the age distribution of nurses in Great Britain at the time of Florence Nightingale? Suppose we have the following information. Note: In 1851 there were 25,466 nurses in Great Britain. Age range (yr) 20-29 30-39 40-49 50-59 60-69 70-79 80+ Midpoint x 24.5 34.5 44.5 54.5 64.5 74.5 84.5 Percent of nurses 5.2% 9.3% 19.2% 29.1% 24.7% 10.7% 1.8% 1. Find the probability that a British nurse selected at random in 1851 would be 60 years of age...

  • What was the age distribution of nurses in Great Britain at the time of Florence Nightingale?...

    What was the age distribution of nurses in Great Britain at the time of Florence Nightingale? Suppose we have the following information. Note: In 1851 there were 25,466 nurses in Great Britain. Age range (yr) 20-29 30-39 40-49 50-59 60-69 70-79 80+ Midpoint x 24.5 34.5 44.5 54.5 64.5 74.5 84.5 Percent of nurses 5.4% 9.2% 19.6% 29.5% 24.9% 9.6% 1.8% (e) Compute the standard deviation σ for ages of nurses shown in the distribution. (Round your answer to two...

  • 2. What was the age distribution of nurses in Great Britain at the time of Florence...

    2. What was the age distribution of nurses in Great Britain at the time of Florence Nightingaler We have the following data from Florence Nightingale's writing Age Range (yr) 20-29 30-39 40-49 50-59 60-69 70-79 80+ Midpoint x | 24.5 34.5 44.5 54.5 64.5 / 74.5 84.5 Percantage of Nurses 5.7% 9.7% 19.5% 29.2% 25.0% 9.1% 1.8% A. Using the age midpoints x and the percentage of nurses, do we have a valid probability distribution? Explain B. Use a histogram...

  • What is the age distribution of patients who make office visits to a doctor or nurse?...

    What is the age distribution of patients who make office visits to a doctor or nurse? The following table is based on information taken from a medical journal. | Age group, years Under 15 15-24 25-44 45-64 65 and older | Percent of office visitors 10% 5% 15% 10% 60% Suppose you are a district manager of a health management organization (HMO) that is monitoring the office of a local doctor or nurse in general family practice. This morning the...

  • a. Consider a normal distribution with mean 20 and standard deviation 4. What is the probability...

    a. Consider a normal distribution with mean 20 and standard deviation 4. What is the probability a value selected at random from this distribution is greater than 20? (Round your answer to two decimal places. b. Assume that x has a normal distribution with the specified mean and standard deviation. Find the indicated probability. (Round your answer to four decimal places.) μ = 14.3; σ = 3.5 P(10 ≤ x ≤ 26) = c. Assume that x has a normal...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT