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1. A telephone receptionist takes an average of six calls per hour. Calculate the probability that the receptionist takes: exactly five calls in the next
1. A telephone receptionist takes an average of six calls per hour. Calculate the probability that the receptionist takes:
- exactly five calls in the next 45 minutes. Short explanations to be provided.
- two or more calls in the next 30 minutes. Short explanations to be provided.
2. In the first quarter of 2014, therental cost of a three-bedroom house in a regional town was$300 with a standard deviation of $30. Assume that the rental costs arenormally distributed. If you select arandom sample of ten rental properties, what is the probability that the sample will have a mean rental cost of:
- Less than $275? Short explanations to be provided.
- Between $280 and $300? Short explanations to be provided.
- Greater than $310? Short explanations to be provided.
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