Determining the approximate percentage of buyers

Assignment Help Basic Statistics
Reference no: EM132852778

The graph illustrates a normal distribution for the prices paid for a particular model of HD television. The mean price paid is $1200 and the standard deviation is $100.

  1. What is the approximate percentage of buyers who paid between $1100 and $1300?
  2. What is the approximate percentage of buyers who paid between $1200 and $1400?
  3. What is the approximate percentage of buyers who paid between $1100 and $1200?
  4. What is the approximate percentage of buyers who paid less than $900?
  5. What is the approximate percentage of buyers who paid less than $1000?
  6. What is the approximate percentage of buyers who paid between $1200 and $1500?

Reference no: EM132852778

Questions Cloud

Why would Paxton bother to send Tuscon a check : Why would Paxton bother to send Tuscon a check for $1,500 on January 15 and agree to sign a note for the balance
Determine the expected value of the lottery ticket : A lottery ticket has a grand prize of $34.8 million. The probability of winning the grand prize is .000000047.
Why might an average of 100 points be a biased estimate : Do you think that taking one of those classes would give a test taker 100 extra points? Why might an average of 100 points be a biased estimate?
What increase in sales is necessary to pay for credit card : Assuming that only 5% of existing cash customers will use a credit card, what increase in sales is necessary to pay for the credit card equipment in first year
Determining the approximate percentage of buyers : The graph illustrates a normal distribution for the prices paid for a particular model of HD television. The mean price paid is $1200 and the standard deviation
Prepare summary journal entries related to the sales : Prepare summary journal entries related to the sales, collections, and write-offs of accounts receivable during 2016
Find probability both cars are defective : There are 20 cars on the production line, where 7 are defective.
Identify the implied premise in the enthymeme : Research for an example of an enthymeme in the media. Identify the implied premise in the enthymeme.
What is the range of possible values for probability : Suppose your flip a coin six times (assume P(head)=1/2) then what is the probability of obtaining 6 heads (express as a fraction and a decimal)?

Reviews

Write a Review

Basic Statistics Questions & Answers

  What is the coupon rate on the bonds

What is the coupon rate on the bonds? (Assume a face value of $1,000 and annual coupon payments.)

  Explain carefully what your interval means

Vitamin D, whether ingested as a dietary supplement or produced naturally when sunlight falls on the skin, is essential for strong, healthy bones.- Find a 98% confidence interval.- Explain carefully what your interval means.- Explain what 98% confi..

  What is the probability of getting two hearts

What is the probability of getting two hearts assuming the first one is not replaced?

  Confidence interval for the average amount spent by tourist

A random sample of 56 tourists gives x‾ = $258 and s = $85. Give a 95% confidence interval for the average amount spent by a tourist at the shopping area.

  Draw a frequency polygon for the given data

Draw a frequency polygon for these data (start by defining intervals of the data and counting the data points in each interval).

  What is the probability that more than four but less

A short term insurance company receives three motor vehicle claims, on average, per day. Assume that the daily claims follow a Poisson process.

  Obtain the various measures of performance

Jerry Jansen, Materials Handling Manager at the CasperEdison Corporation's new factory, needs to make a purchasing decision. He needs to choose between two types of materialshandling equipment, a small tractor-trailer train and a heavy-duty forkli..

  Leakage for the huntingboot

a. Find the P-value to test the claim that the average time until first leakage for the huntingboot is at least 12 hours. b. Does this sample support A.C. Bone's claim at α = .05?

  Suppose that two fair ie the probability of both heads and

suppose that two fair i.e. the probability of both heads and tails is 0.5 coins are tossed and we observe the results.

  A survey was conducted to measure the height of men in the

1. a survey was conducted to measure the height of men. in the survey respondents were grouped by age. in the 20-29 age

  The average sat verbal score for students

The average SAT verbal score for students from one high school over the last ten exams

  What is the expected value of the game for taranique

a) What is the expected value of the game for taranique if the value of the prize is $5.00?

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