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1) It has been estimated that 30% of all farms are family-owned. In a sample of 12 farms, what is the probability that exactly three farms are family owned?
2) The length of time it takes to be seated at a local restaurant on Friday night is normally distributed with a mean of 15 minutes and a standard deviation of 4.75. What is the probability that you have to wait more than 20 minutes to be seated?
3) The time it takes to assemble an electronic component is normally distributed with a mean of 17.2 minutes and a standard deviation of 3.1 minutes. The probability is 95% that it will take at least how long to assemble a component?
4) The number of students using the atm on campus daily is normally distributed with a mean of 237.6 and a standard deviation of 26.3. For a random sample 55 days, what is the probability that atm usage averaged more than 230 students per day?
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The given word file contains the solution of the problem involving basic problems on Binomial and Normal distribution
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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
Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.
Problems on Sampling Variability and Standard Error and Confidence Intervals
Estimate the population mean
Conduct a marketing experiment in which students are to taste one of two different brands of soft drink
Find out the probability
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