Refer Z-table to find the probability or use excel formula "=NORM.S.DIST(1.37, TRUE)" to find the probability.
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QUESTION 20 Provide an appropriate response. The owner of a computer repair shop has determined that their daily re...
The owner of a computer repair shop has determined that their daily revenue has mean $7200 and standard deviation $1200. The daly revenue totals for the next 30 days will be monitored. What is the probability that the mean daily revenue for the next 30 days will be between $7000 and $7500? A. 0.9147 B.0.1649 C. 0.8186 OD. 0.2667 E.0.7339
The owner of a computer repair shop has determined that their daily revenue has mean $7200 and standard deviation $1200. The daily revenue totals for the next 30 days will be monitored. What is the probability that the mean daily revenue for the next 30 days will be between $7000 and $7500? O 0.2661 0.8351 O 0.1649 O 0.7339
A new phone system was installed last year to help reduce the expense of personal calls that were being made by employees. Before the new system was installed, the amount being spent on personal calls follows a normal distribution with an average of $600 per month and a standard deviation of $50 per month. Refer to such expenses as PCE's (personal call expenses). Find the probability that a randomly selected month had a PCE that falls below $450. O 0.9987...
The owner of a computer repair shop has determined that his daily revenue has a mean of $7000 and a standard deviation of $1200. The daily revenue totals for the next 30 days will be monitored. What is the probability that the mean daily revenue for the next 30 days will exceed $7325? A hotel chain is considering expanding into Gotham. As part of their consideration they want to estimate the average number of conference rooms rented daily. The population...
10) You have three coins one of which is biased so that it turns up tails 70% of the time. If 10) you randomly select one of the coins, tossed it three times, and obtained three tails what is the probability that this is the biased coin? A) 0.333 B) 0.578 C) 0.343 D) 0.622 11) Given that the confidence level is x%, give an expression in terms of x fora. C) 100-(1x)D)1. 10 A) B)100-Х 100 12) The daily...
QUESTION 12 Provide an appropriate response. Furnace repair bills are normally distributed with a mean of 271 dollars and a standard deviation of 25 dollars. If 100 of these repair bills are randomly selected, find the probability that they have a mean cost between 271 dollars and 273 dollars. 0.2881 0.7881 0.5517 @ 0.2119
181.1 2022 201.4 191.3 201.4 บ922 012 1932 2012 145 1993 1 A) 1958 Β)201.2 C) 1M1 1967 999% coaidence interval orthecore.of all ngs A) 8421 to 89.7 82.95 to 91.05 82.77 so 91.2 D 82 79 9.2 8) The cholesterol levels (in milligams per deciliner) of 0 lsted below Find_ the isterquartile range for the cholesterol level of the 30 adu 154 156 165 165 170 171 472 10 184 8 189 189 190 192 195 198 198 200...
25. Provide an appropriate response. Samples of size n-250 are randomly selected from the U.S. census data, and the median income is found for each sample. What is the distribution of the sample medians? O skewed to the left O not enough information provided O normal (approximately O skewed to the right 26. Solve the problem. In a study of wait times at an amusement park, the most popular roller coaster has a mean wait time of 17.4 minutes with...