User Account

All Pages

Exhibition shows on inverse normal distribution

Assignment Help Business Management
Reference no: EM131110572

Exhibition Shows: Inverse Normal Distribution

Most exhibition shows open in the morning and close in the late evening. A study of Saturday arrival times showed that the average arrival time was 3 hours and 48 minutes after the doors opened, and the standard deviation was estimated at about 52 minutes. Assume that the arrival times follow a normal distribution.

(a) At what time after the doors open will 90% of the people who are coming to the Saturday show have arrived?

(b) At what time after the doors open will only 15% of the people who are coming to the Saturday show have arrived?

(c) Do you think the probability distribution of arrival times for Friday might be different from the distribution of arrival times for Saturday? Explain.

Reference no: EM131110572

Questions Cloud

Derive the mean and variance of y from the mgf : Show that the moment generating function (MGF) of Y is MY(t) = (1 - βt)-α. Derive the mean and variance of Y from the MGF. What is the distribution of Z = cY, where c is a positive number
Identify the most effective economic system : Identify the most effective economic system. Write a 525-word weekly reflection that includes the following:
Estimated economic life of the automobile is 5 years : How you advised your client to account for this lease. Explain every journal entry that you believe is necessary to record this lease properly on the client's books.
Mound-shaped and somewhat symmetrical : (a) If we have a distribution of x values that is more or less mound-shaped and somewhat symmetrical, what is the sample size needed to claim that the distribution of sample means from random samples of that size is approximately normal?
Exhibition shows on inverse normal distribution : Most exhibition shows open in the morning and close in the late evening. A study of Saturday arrival times showed that the average arrival time was 3 hours and 48 minutes after the doors opened, and the standard deviation was estimated at about 52..
Why would students be asked to take a statistics : "Why would students be asked to take a statistics if they may never see a math problem in their job in the future? I have my own opinions on the matter, but lets see what the rest of you think?
Assessment results from your learning team members : Interview your mentor to gather information about your mentor's organization, the department your mentor works in, and his or her job description.
What are implication of the market structure on demand curve : What are the implications of the market structure on the demand and supply curve and price of the services offered? What is the implication of third-party payers like private health insurance or federal programs.
Random walk use classes for the grid : Random walk. Simulate the wandering of an intoxicated person in a square street grid. Draw a grid of 20 streets horizontally and 20 streets vertically. Represent the simulated drunkard by a dot, placed in the middle of the grid to start.

Reviews

Write a Review

Business Management Questions & Answers

  What are strengths and weaknesses of small businesses

What are strengths and weaknesses of small businesses in managing knowledge compared to big enterprises? How can knowledge management contribute to regional development?

  Avondale objects demands that transistor town

Keith Avondale is in the marketplace for a new big screen flat-panel television. While revising the Sunday newspaper, he observed a full-page advertisement from Transistor Town

  Business buyers are ultimately purchasing solutions

schools, hospitals, nursing homes, prisons, and other institutions that must provide goods and services to people in their care.

  Problem and purpose statements

Your Task.Identify a problem in your current job or a previous job, such as inadequate use of technology, inefficient procedures, spotty customer service, poor product quality, low morale, or a personnel problem.

  Analyze the external environment in which fiat competes

Analyze the external environment in which Fiat competes

  Design a business model for your company

Design a business model for your company or any company of your choosing and detail your model in a paper. Your design should include concepts you learned in the assigned chapters such as functions, strategies and product design

  Recently took over the assignment for a project

Recently took over the assignment for a project. The project charter has been developed. What is an appropriate next step for you?36 o Develop the risk register. o Develop the project milestone schedule. o Develop management plans. o Get approv..

  Is there anything they be able to do about it

Should Mary as well as the others accept the decision? Why or why not? Is there anything they be able to do about it? If yes, what?

  Given the multibillion dollar size of the corporation

Given the multibillion dollar size of the corporation and the fact that it is a conglomerate with a very diverse portfolio of companies in varying industries, the CEO whom you report to has already given you permission to hire a staff of recent MBAs ..

  Communication contributed ineffective differences1

communication contributed ineffective differences1 ineffective communication is the fault of the sender. do you agree

  Compensable factors

which one do you think more adequately reinforce the organization's culture, values, business direction, and nature of the work?

  Websites on cloud computing

The goal of taking advantage of cloud computing is to have your computing costs align with the activity level of your organization. The future of Cloud computing brings new ways to collaborate everywhere through mobile devices. Surf the Internet ..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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