User Account

All Pages

Show that customer purchases have a skewed distribution

Assignment Help Basic Statistics
Reference no: EM131648860

Question: Groceries. A grocery store's receipts show that Sunday customer purchases have a skewed distribution with a mean of $32 and a standard deviation of $20.

a) Explain why you cannot determine the probability that the next Sunday customer will spend at least $40.

b) Can you estimate the probability that the next 10 Sunday customers will spend an average of at least $40? Explain.

c) Is it likely that the next 50 Sunday customers will spend an average of at least $40? Explain.

Reference no: EM131648860

Questions Cloud

Describe the overall approach and goal of each model : Research current change models used by organizations to facilitate change. Compare and contrast two models. Describe the overall approach and goal of each model
Product distribution systems : Read the Forbes article "Supply Chain Disruption a Major Threat to Business (Links to an external site.)Links to an external site.."
Educate project participants and to evaluate project outcome : Develop the tools necessary to educate project participants and to evaluate project outcomes
Change model that would effectively help implement change : Identify a change model that would effectively help implement change in your industry or organization.
Show that customer purchases have a skewed distribution : Groceries. A grocery store's receipts show that Sunday customer purchases have a skewed distribution with a mean of $32 and a standard deviation of $20.
Operations planning in supply chain integration : What is the value of sales and operations planning in supply chain integration? What happens if sales does not communicate effectively with operations?
Explain the employment law that was violated : Select and research an employment law case no greater than five years old. Summarize the issue of case, and then explain the employment law that was violated.
What social problem they are intended to address : For each program, do you think it is working well? If so, why? If not, what alternative program would you recommend to address the same social issue?
Define the outcomes for an individual patient or family : Discuss the findings in the AHRQ report and how this influences the outcomes for an individual patient or family

Reviews

Write a Review

Basic Statistics Questions & Answers

  Dog along reduces the effect of stress

Dogs, friends, and stress. If you are a dog lover, perhaps having your dog along reduces the effect of stress. To examine the effect of pets in stressful situations, researchers recruited 45 women who said they were dog lovers.

  Confidently reject the same null hypothesis

How many free throws must the second player make in a row in order to confidently reject the same null hypothesis? Use the 95% level of confidence for both players.

  Listed below are actual high temperatures and high

listed below are actual high temperatures and high temperatures that were forcast one day earlier. construct a 95

  Show the sampling distribution of the sample mean average

barrons reported that the average number of weeks an individual is unemployed is 17.5 weeks barrons february 18 2008.

  Determine the standard enthalpy change

Determine the standard enthalpy change for the vaporization of that substance. The change in molar volume at the normal boiling point is 20.45 L/mol.

  A medium-sized business operates

A medium-sized business operates a small fleet of vehicles. The existing practice is to allocate to each driver a particular area. This area then becomes their ‘patch'. The drivers undertake all the deliveries in their area and only help out in ot..

  A quiz cosists of 20 multiple-choice questions each with 4

a quiz cosists of 20 multiple-choice questions each with 4 possible answers. for someone who makes random guesses for

  A random sample of 25 lunch orders at noodles and company

a random sample of 25 lunch orders at noodles and company showed a mean bill of 14.58 with a standard deviation of

  Made up of two subsystems placed in parallel

We consider a system made up of two subsystems placed in parallel. The first subsystem is composed of two components (components nos. 1 and 2) placed in parallel, while the second subsystem comprises a single component (component no. 3). Let Sk de..

  What statistical test is best in this situation

The  manager wants to test whether the average commission is $439 per month. A random sample of 100 observations is available. What statistical test is best in this situation? Why?

  Estimating probability-discrete distribution

Suppose you were to cut up the directory and pull out one listing at random to contact.

  Server at the grumney family restaurant

At the time she was hired as a server at the Grumney Family Restaurant, Beth Brigden was told, "You can average $80 a day in tips."

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