Find probability that amount spent on selected child is more

Assignment Help Basic Statistics
Reference no: EM13114743

The average amount parents and children spend per child on back to school clothes in autumn 2001 was $527. Assume the standard deviation is $160 and that the amount spent is normally distributed. what is the probability that the amount spent on a randomly selected child is more than $700?

Reference no: EM13114743

Questions Cloud

Determine standardized score : ACT math scores for 2007 were Normally distributed with mean 21.0 and standard deviation 5.1. What is Eleanor's standardized score? Round your answer to 2 decimal places.
Calculation of dps : Thress Industries just paid a dividend of $2.75 a share.The dividend is expected to grow 5% a year for the next 3 years and then at 11% a year thereafter.
Illustrate what are the magnitude and direction of impulse : The ball rebounds straight upward to a height of 0.700 m. Illustrate what are the magnitude and direction of the impulse of the net force applied to the ball during the collision with the floor?
Suggest what wil happen and why : A student traces of brown deposite during the KMnO4 (NH4)2Fe(SO4)2 titration and quickly add more H2SO4 and continued his titration?Suggest what wil happen and why.
Find probability that amount spent on selected child is more : Assume the standard deviation is $160 and that the amount spent is normally distributed. What is the probability that the amount spent on a randomly selected child is more than $700?
Determining constant growth valuation : Boehm Incorporated is expected to pay a $1.70 per share dividend at the end of this year (i.e., D1 = $1.70). The dividend is expected to grow at a constant rate of 4% a year.
What percent of calories are from fat : A snack pack of potato chips holds 28 grams of chips. Based on your data, how much fat is present in a snack pack? In such a bag of chips, there are about 15 grams of carbohydrate and about 1 gram of protein.
Describe the role of organizational incentives : Describe the role of organizational incentives and mentoring in developing talent pools.
Illustrate what is the time it takes for the bullet to hit : Illustrate what is the time it takes for the bullet to hit the ground, how far down range does the bullet travel, and what is the resultant velocity (in m/s) and final angle?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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