Assume that the underlying distribution

Assignment Help Other Subject
Reference no: EM13942455

A small hair salon in Denver, Colorado, averages about 30 customers on weekdays with a standard deviation of 6. It is safe to assume that the underlying distribution is normal. In an attempt to increase the number of weekday customers, the manager offers a $2 discount on 5 consecutive weekdays. She reports that her strategy has worked since the sample mean of customers during this 5 weekday period jumps to 35. Use Table 1.

a. What is the probabilityto get a sample average of 35 or more customers if the manager had not offered the discount? (Round your intermediate calculations to 4 decimal places, "z" value to 2 decimal places, and final answer to 4 decimal places.)

Reference no: EM13942455

Questions Cloud

Uniform density of medication : The patch is applied to the skin, which contains an initial drug concentration of pA,s,i = 0. At the patch-skin interface located at x = 0, the ratio of the medication density on the patch side to the medication density on the patient side is desc..
Write a paragraph over limitations of neural plasticity : Write a paragraph over limitations of neural plasticity in the recovery process of a stoke
Critical thinking-lateral thinking-means ends analysis : 1. Choose any three of the following terms and find three sources that contain a meaning of that term. a. Lateral Thinking b. Means-Ends Analysis
What questions would you raise with the firm : As the CFO of a company, what indicators would you look at to assess whether your firm's long-term assets were impaired?
Assume that the underlying distribution : A small hair salon in Denver, Colorado, averages about 30 customers on weekdays with a standard deviation of 6. It is safe to assume that the underlying distribution is normal. In an attempt to increase the number of weekday customers, the manager..
Differences in power distance uncertainty and avoidance : Using the Hofstede model, discuss the differences in power distance, uncertainty avoidance, individualism versus collectivism, and masculine versus feminine of the different cultures
Provide written description of dependability and reliability : Provide a written description of Dependability and Reliability that supports rating on this competency, include details related to: the situation or problem, the action taken, and results or outcomes.
Services and incurred total expenses : This month, a company performed $517,000 of services and incurred total expenses of $438,000. If the company was paid in cash for all its services and paid cash for all its expenses,
Improve and update your busines : In order to improve and update your business you are going to implement a new information system. But information systems cost money, which is something you do not have.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd