Find probability that on given night less rooms are rented

Assignment Help Basic Statistics
Reference no: EM13128914

Over the course of a year, the manager of Motel St-Jacques, located in Brossard, Quebec, has noticed that on average, 170 rooms will be rented out every night, with a standard deviation of 10 rooms. If it is assumed that the probability distribution for the number of room rentals forms a normal distribution, what is the probability that on a given night:

a) Less than 155 rooms are rented.
b) More than 190 rooms are rented.
c) More than 164 rooms are rented.
d) Between 162 and 188 rooms are rented.

Reference no: EM13128914

Questions Cloud

What will be the volume : a sample of nitrogen gas occupies 1.55 l at 27.0c and 1.00atm. what will be the volume be at -100.0 C and the same pressure
Case on the adequacy of the audit : Discuss the effect of any information presented in the case on the adequacy of the audit.
Determining integral function : The rate of change of the frequency (f) of an electronic osillator with respect to the inductance (L) is df/dL = 80(4 + L)^-3/2, find (f) as a function of (L) if (f) = 80 Hz for L = 0H.
How would i list the following aldehydes in terms : How would I list the following aldehydes in terms of increasing reactivity ClCH2CHO, CH3CHO, Cl3CCHO, and Cl2CHCHO?
Find probability that on given night less rooms are rented : If it is assumed that the probability distribution for the number of room rentals forms a normal distribution, what is the probability that on a given night?
Length of curve by integration-quadratic equation : Consider that two particles are traveling the paths of the following functions: If each particle is to begin at one point of intersection at the same time and travel to the other point of intersection (at the same velocities)
Opportunity cost of capital : The rate o a five-year CD is 6 percent. Should you refinance your mortgage or invest the $3,000 in a CD? The 6 percent CD rate is your opportunity cost of capital.
Illustrate what is amount of the gain she must recognize : The building was subjected to a mortgage of $75,000 which Jo assumed. Her basis in the stock she surrendered was $10,000. Illustrate what is the amount of the gain she must recognize?
Computing average value of a function : The temprature recorded in a city during a given day approximately followed the curve of T=0.00100t^4-0.280t^2+25 where t is the number of hours from noon

Reviews

Write a Review

Basic Statistics Questions & Answers

  Confidence interval and hypothesis testing in statistics

A sample of 25 MBA students taking OTM course in the Spring of 2013 shows an average income of $85,000 with the sample standard deviation of $5,000. Find the 95% confidence interval of the population mean income of MBA students.

  Statistically significant evidence problem

Election officials take a random sample of 100 signatures and thoroughly investigate them to find that 84% are valid. Is this statistically significant evidence that the candidate has enough valid signatures overall? Explain.

  Scheduled mean completion time

An automobile assembly line operation has a scheduled mean completion time of 2.2 minutes. Because of the effect of completion time on both preceding and subsequent assembly operations, it is important to maintain the 2.2 minute mean completion ti..

  P value for z test and t test

The number of degrees of freedom associated with the t test, when the data are gathered from a matched pairs experiment with 13 pairs, is:

  Estimating probability values using bayes theorem

If a complete failure occurs, calculate the probability that the fault occurred in:

  Explain why ordinary least squares solution is not unique

Explain why the ordinary least squares solution is not unique. What can you say about the residuals of any of the solutions. Using the SVD of X, write a closed form expression for this limiting solution.

  Showing decision rule graphically

Show the decision rule graphically. Use the .05 significance level.

  Loan officer rates applicants for credit

A bank's loan officer rates applicants for credit. The ratings are normally distributed with a mean of 175 and a standard deviation of 15. If an applicant is randomly selected, find the probability of a rating that is between 150 and 200.

  Maximizing the total market value

If Stephenson wishes to maximize its total market value, would you recommend that it issue debt or equity to finance the land purchase? Explain.

  Determine expected value of perfect information

The local operations manager for the IRS must decide whether to hire 1, 2, or 3 temporary workers. He estimates that net revenues will vary with how well taxpayers comply with the new tax code.

  Probability that all individuals have alzheimer-s disease

Suppose an unrelated 77-year old man, 76 - year old woman, and 82- year old woman are selected from a community. What is the probability that all three of these individuals have Alzheimer's disease?

  What level use to represent tenth percentile

Assume the cholesterol levels of adult American women are normally distributed with a mean of 190 mg/dL and a standard deviation of 26 mg/dL. What level would represent the 10th percentile?

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