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A typical incoming telephone call to your catalog sales force results in a mean order of $ 28.63 with a standard deviation of $ 13.91. You may assume that orders are received independently of one another. a. Based only on this information, can you find the probability that a single incoming call will result in an order of more than $ 40? Why or why not? b. An operator is expected to handle 110 incoming calls tomorrow. Find the mean and standard deviation of the resulting total order. c. What is the approximate probability distribution of the total order to be received by the operator in part b tomorrow? How do you know? d. Find the (approximate) probability that the operator in part b will generate a total order of more than $ 3,300 tomorrow. e. Find the (approximate) probability that the operator in part b will generate an average order between $ 27 and $ 29 tomorrow.
Internet and the articles database in the library for a real-life illustration of simulation. For hint, type the word "Simulation" followed by a topic of interest to you. Carefully review the search item.
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The owner of a single-family home would like to develop a model to predict electricity consumption in his house, based on average atmospheric temperature in degrees Fahrenheit.
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Obtain the arithmetic mean
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the following data summarize the results from an independent-measures study comparing three treatment
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