Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Use the Central Limit Theorem to find the probability of the indicated event, assuming that the distribution of the population data is unknown. The

1. Use the Central Limit Theorem to find the probability of the indicated event, assuming that the distribution of the population data is unknown.

The average wait time before a customer receives service at a bank on Saturdays is 17 minutes, with a standard deviation of 7 minutes. What is the probability that the average wait time for a random sample of 40 customers is over 20 minutes?

P(X>20)=

2. In a growing industry, the mean number of hours of productivity lost by employees per week due to online social media engagement is 9 hours, with a standard deviation of 1.8 hours.

Note: Assume the population data is normally distributed.

a. What is the probability that an employee will lose more than 11 hours of productivity due to online social media engagement? P(X>11)=P(X>11)= b. What is the probability that 12 employees will lose more than 10 hours of productivity due to online social media engagement? P(X>10)=

3. Waiters at a restaurant chain earn an average of $257 per shift (regular pay + tips) with a standard deviation of $34. For random samples of 35 shifts at the restaurant, within what range of dollar values will their sample mean earnings fall, with 95% probability?Round to the nearest cent

4. If it is appropriate to do so, use the normal approximation to the pp^-distribution to calculate the indicated probability: n=60,p=0.40n=60,p=0.40; P(p<0.50)P(p<0.50) =

Enter 0 if it is not appropriate to do so.

5. A study completed in 2018 found that approximately 1 out of every 20 people have walked out of a restaurant without paying the bill (the dine and dash). A random sample of 130 people is collected.

a. What is the probability that more than 10% of them have walked out of a restaurant without paying? P(p>0.1)P(p>0.1) =

b. What is the probability that less than 3% of them have walked out of a restaurant without paying? P(p<0.03)P(p<0.03) =

c. What is the probability that between 5% and 10% of them have walked out of a restaurant without paying? P(0.05

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Real Analysis

Authors: N L Carothers

1st Edition

1139632434, 9781139632430

More Books

Students also viewed these Mathematics questions

Question

Develop a preliminary focus for your research.

Answered: 1 week ago