Question
q1: The profit from selling folding tables varies uniformly each quarter between $1500 and $2300. What is the probability that profit will be between $2000
q1: The profit from selling folding tables varies uniformly each quarter between $1500 and $2300.
What is the probability that profit will be between $2000 and $2200?
Round your answer to2 decimals?
q2: The profit from selling folding tables varies uniformly each quarter between $1500 and $2300.
What is the probability that profit will be less than $1900?
q3: On an average, the number of students that choose to study Arts subjects at University is 17each year. (Hint: Use Poisson distribution formula).
What is the probability thatexactly13 students will take up Art in the coming year?
Round your answer to2 decimals.?
q4: On an average, the number of students that choose to study Arts subjects at University is 17each year. (Hint: Use Poisson distribution formula).
What is the probability of8 takers or lessfor Arts subjects in the coming year?
Round your answer to2 decimals?
q5: If a cell phone company conducted a telemarketing campaign to generate new clients and the probability of successfully gaining a new customer was 0.07. What is the probability that contacting 50 potential customers would result in at least 5 new customers?(Hint: Use a binomial distribution)
Round your answer to2 decimals?
q6: The distribution of OBA 311 grades for a class of business students has a mean of 75 and standard deviation of 5. Assume that the grades are normally distributed. Find the probability that a student's grade is greater than 80.
Round your answer to2 decimals?
q:7 The distribution of OBA 311 grades for a class of business students has a mean of 75 and standard deviation of 5. Assume that the grades are normally distributed. 95% of students have scores below what value?
Round your answer to2 decimals?
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