Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

5. [11 marks] A local coffee shop records the amount of coffee beans, in kilograms, used each week. Assume the weekly coffee bean usage can

image text in transcribed
5. [11 marks] A local coffee shop records the amount of coffee beans, in kilograms, used each week. Assume the weekly coffee bean usage can be modelled using a normal probability distribution with a mean of 184 kg and a standard deviation of 47 kg. Let X represent the usage for a randomly chosen week. (a) In what proportion of all weeks will the coffee shop use between 165 kg and 240 kg of coffee beans? (b) How many kilograms of coffee beans should the coffee shop have on hand to have only a 1% chance of running out of coffee beans? (0) The coffee shop manager plans to select a random sample of 36 weeks and measures the demand in each week. What is the sampling distribution of the sample mean ff ? Explain. (d) What is the probability that in a sample of 36 randomly chosen weeks, the average weekly usage will not exceed 200 kg? (e) Suppose that the weekly coffee bean usage does not follow a normal distribution. Would your answer in part (d) still be correct? Explain

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

Wavelet Based Approximation Schemes For Singular Integral Equations

Authors: Madan Mohan Panja, Birendra Nath Mandal

1st Edition

0429534280, 9780429534287

More Books

Students also viewed these Mathematics questions