Estimate the percentage of customer accounts

Assignment Help Basic Statistics
Reference no: EM132851889

Pay your bills: In a large sample of customer accounts, a utility company determined that the average number of days between when a bill was sent out and when the payment was made is 32 with a standard deviation of 7 days. Assume the data to be approximately bell-shaped.

(a) Between what two values will approximately 68% of the numbers of days be?

(b) Estimate the percentage of customer accounts for which the number of days is between 18 and 46.

(c) Estimate the percentage of customer accounts for which the number of days is between 11 and 53.

Reference no: EM132851889

Questions Cloud

What amount should abby corporation capitalize : Abby Corporation acquired a new processing machine. What amount should Abby Corporation capitalize the new processing machine?
FV 3201 Engineering Design Project Assignment : FV 3201 Engineering Design Project Assignment Help and Solution, International College of Engineering and Management - Assessment Writing Service
Visual merchandising approaches retailers : What are some of the visual merchandising approaches retailers use to promote their merchandise?
Warehouse management system : How can a warehouse management system (WMS) affect the delivery performance of a supply chain?
Estimate the percentage of customer accounts : (a) Between what two values will approximately 68% of the numbers of days be?
Prepare journal entries to record transactions for ccc co : Prepare journal entries to record transactions for 2018 to 2019. On January 1, 2018, CCC Company is granted a large tract of land in the Cordillera region
What is the correlation matrix : What is the correlation matrix, stepwise regression, and random right edge of data? What analysis are required before taking the stepwise regression?
What are the parameters : Twelve IEOR students have gone on a. mid-semester vacation to Mexico. They have to go through US customs on their return, where of?cers randomly
Most effective and which do you consider less effective : Which sources do you believe are the strongest and most effective and which do you consider less effective?

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