User Account

All Pages

Probability of the mean time spent per customer

Assignment Help Basic Statistics
Reference no: EM131689258

Question: The amount of time a bank teller spends with each customer has a population mean, μ, of 3.10 minutes and standard deviation, σ, of 0.40 minute. If you select a random sample of 16 customers,

a. what is the probability that the mean time spent per customer is at least 3 minutes?

b. there is an 85% chance that the sample mean is less than how many minutes?

c. What assumption must you make in order to solve (a) and (b)?

d. If you select a random sample of 64 customers, there is an 85% chance that the sample mean is less than how many minutes?

Reference no: EM131689258

Questions Cloud

Create a developmental milestones chart in the child : Create a developmental milestones chart in the child from birth to the second birthday
Importance-impact role of communication : Write this in your journal entry on Interact2. Substantiate your claim above (importance/impact role of communication in a business/education)
Essential skills of a project manager : What do you think are the essential skills of a project manager? Please identify three to four skills. In your answer, focus on the skills
Maximum extent practicable for all purchases of supplies : Describe why agencies shall use simplified acquisition procedures to the maximum extent practicable for all purchases of supplies?
Probability of the mean time spent per customer : The amount of time a bank teller spends with each customer has a population mean, µ, of 3.10 minutes and standard deviation, s, of 0.40 minute.
Examine how data would be retrieved and destroyed : Discuss how the situation would be handled and what steps to begin with. Examine how data would be retrieved and/or destroyed.
Cisco ios licensing including all features : Write a 1-page APA formatted paper on Cisco IOS licensing including all features, aspects and nuances that could influence day to day use of a router or switch.
Based scenario of situation needing change intervention : In our text Our Iceberg Is Melting, Kotter provides a story-based scenario of a situation needing a change intervention.
Advantages and disadvantages of using software as a service : Discuss the fundamental advantages and disadvantages of using software as a service (SaaS) within organizations.

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!

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