Customers representing a simple random sample

Assignment Help Basic Statistics
Reference no: EM1394392

From past experience, a server at a restaurant knows that her tips follow a right-skewed distribution with mean $6 and standard deviation $4.

What is the probability that the servers next 30 tips have a mean between $6 and $7? (Assume that these 30 customers represent a simple random sample).

If the server has 40 customers in one shift, what is the probability that her total tips are less than $250? (Assume that these 40 customers represent a simple random sample).

Reference no: EM1394392

Questions Cloud

Linear correlation and regression analysis : The heights of 40 randomly selected people and the heights of their mothers are recorded. Statdisk is used to run a linear correlation and regression analysis. The partial results are provided below:
Protein digestion in the stomach : Compare and contrast protein digestion in the stomach and in the small intestine. Discuss the enzymes and other factors involved as well as hormones regulating these enzymes.
Develop a presentation for early childhood : Present your results in an 8 to 10slide Microsoft PowerPoint presentation. Be sure to comprise detailed speakers notes outlining the importance of wise health choices also the consequences of poor choices.
Determine the foramen ovale and ductus arteriousus : Regarding fetal development, what are the foramen ovale and the ductus arteriousus, and why do they exist? Name one similarity and one difference between these anatomical features.
Customers representing a simple random sample : If the server has 40 customers in one shift, what is the probability that her total tips are less than $250? (Assume that these 40 customers represent a simple random sample).
Calculate the multifactor productivity composed of labor : Calculate the multifactor productivity composed of labor and capital units shipped plus finished goods for PCCorp. In place of fixed costs use (sales + finished goods)
What is the total added value of debt financing : Illustrate what is the total added value of debt financing to Telescoping Tube if their tax rate is 34%.
What is the common size percentage for the dividends paid : An organization has sales of $428,000 for the year. The profit margin is 3.4 percent also the retention ratio is 60 percent. Illustrate what is the common size percentage for the dividends paid.
Sampling and sampling distributions : The article can be on Descriptive Statistics, Probability and the Normal Distribution, Sampling and Sampling Distributions, Regression Analysis, or Time Series Forecasting.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability distribution of x

What can we say about the probability distribution of x? Is it approximately normal? What are the mean and standard deviation?

  Mean of the data represented in this stemplot

Consider the following stemplot.  The mean of the data represented in this stemplot ?

  Findout the confidence interval of true mean

If the sample standard deviation of the sample was $630 also the sample size was 50. Findout the 90% confidence interval of true mean.

  What is the probability that the mean is above 51.1

Probability using normal distribution.Sampling distributions. Given a normal distribution with μ = 50 and standard deviation σ = 9, if a sample of n = 100 is selected.

  What does the letter "a" represent

If the decision in the hypothesis test of population correlation is to reject the null hypothesis, what can we conclude about the population correlation.

  Evaluating the proportion within confidence

How many voters required to be sampled to evaluate the proportion within 0.05 with 95% confidence?

  Summary of distribution of life expectancy

Write a brief summary of the distribution of life expectancy.

  Pooled estimation of the variance

The men took an average of 20.5 hours per year of personal time with a standard deviation of 2.75 hours. What is the pooled estimate of the variance? Round to three decimal places.

  Determining margin of error

Determine the margin of error that corresponds to the given values of n (times) and x (successes) and the degree of confidence: n=1400, x=420, 95%. Go 3 decimal places of precision.

  Claiming that people believe that loch ness monster exists

Use a 0.01 significance level to test the claim that most people believe that the Loch Ness monster exists. How is the conclusion affected by the fact that Internet users who saw the question could decide whether to respond.

  Confidence interval for the proportion of customers

In a mobile phone shop on a Sunday morning, out of n = 77 customers x = 19 buy a mobile phone. What is the 95% confidence interval for the proportion of customers buying a mobile phone?

  Analyzing data using the statistical test

a) What statistical test should be used to analyze these data? b) Identify H0 and Ha for this study. c) Conduct the appropriate analysis d) Should H0 be rejected? What should the researcher conclude?

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