Probability that albert will meet or exceed his quota

Assignment Help Basic Statistics
Reference no: EM131405032

Based on past experience, a telemarketing firm has found that calls to prospective customers take an average of 2.0 minutes, with a standard deviation of 1.5 minutes.

The distribution is positively skewed, since persons who actually become customers require more of the caller's time than those who are not home, who simply hang up, or who say they're not interested. Albert has been given a quota of 220 calls for tomorrow, and he works an 8-hour day.

Assuming that his list represents a simple random sample of those persons who could be called, what is the probability that Albert will meet or exceed his quota?

Reference no: EM131405032

Questions Cloud

What z score corresponds to the sample mean : When the machine is properly calibrated, what is the probability that the mean for a simple random sample of this size will be at least 26.2 seconds?
What are the benefits of critical thinking : What is critical thinking? What characteristics do critical thinkers demonstrate? What are the benefits of critical thinking?
What are the advantages to offshoring and outsourcing : Read the article, Top Trends Influencing the Outsourcing Industry 2017  Answer the following questions in your essay: What are the advantages to offshoring and outsourcing for the company and consumer?
Evaluate the effectiveness of an e-commerce web site : Evaluate the characteristics of e-commerce. Demonstrate effective use of technology for communication. Evaluate the effectiveness of an e-commerce Web site. Explain the security and threats in the e-commerce environment.
Probability that albert will meet or exceed his quota : Assuming that his list represents a simple random sample of those persons who could be called, what is the probability that Albert will meet or exceed his quota?
What is probability that mean fee for simple random sample : What is the probability that the mean fee for a simple random sample of 36 customers was less than $50? What role does the central limit theorem play in making it possible to determine this probability?
Discuss about the social issues of a specific civilization : After choosing your topic, write one paragraph describing how you would approach discussion of your topic and provide your sources as well.The period of your paper is open from the time of Hominid to 1500 CE. Your topic should be very specific an..
Strategy has local sustainability standards : Why do our textbook author state that if the company's strategy has local sustainability standards, the structure of the company should be decentralized (Epstein & Buhovac, 2014)
Develop response that includes example to support your ideas : Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience.

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