User Account

All Pages

Find probability bounds on the volume of excess sales

Assignment Help Basic Statistics
Reference no: EM131692659

Question: The impact of a television commercial, measured in terms of excess sales volume over a given period, is believed to be approximately normally distributed with mean 50,000 and variance 9,000,000. Find 0.99 probability bounds on the volume of excess sales that would result from a given airing of the commercial.

Reference no: EM131692659

Questions Cloud

Variable named pressure if the variable bloodpressure : A structure that assigns the value of "low" to the variable named pressure if the variable bloodpressure is less than 68 and it assigned "not low" to pressure.
Design a hydraulic radial pistons motor for 320 bar : Design a hydraulic radial pistons motor for 320 bar, 7000 Nm and 120 rpm Design will involve hydraulic and mechanical calculations
Student for grades and credits for courses taken : Prompt a student for grades and credits for courses taken. From that, you will calculate a GPA.
Discuss critical to your personal and professional success : How did you manage your anxiety, stress, and fear in pursuit of your goal last week
Find probability bounds on the volume of excess sales : Find 0.99 probability bounds on the volume of excess sales that would result from a given airing of the commercial.
Digital forensics analysis and validation : Which do you think is more important: testifying in court or report writing; and why do you think it is more important than the other?
What are the security concerns with using the cloud : What are the security concerns with using the Cloud? Please be thorough in your responses.
Why is malware even a thing : Who stands to gain something from the use of malware? Is this a money-making opportunity or simply people that want to do harm?
Calculate the price of a share of kraft stock : The price of a share of Kraft stock is normally distributed with mean 33.30 and standard deviation 6. What is the probability that on a randomly chosen day.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd