Find the number of people

Assignment Help Basic Statistics
Reference no: EM131371866

A travel agency believes that the number of people who sign up for tours to Hawaii during the Christmas-New Year's holiday season is an approximately normally distributed random variable with mean 2,348 and standard deviation 762.

For reservation purposes, the agency's management wants to find the number of people such that the probability is 0.85 that at least that many people will sign up.

It also needs 0.80 probability bounds on the number of people who will sign up for the trip.

Reference no: EM131371866

Questions Cloud

The generator will deliver at least how many kilowatts : The power generated by a solar electric generator is normally distributed with mean 15.6 kilowatts and standard deviation of 4.1 kilowatts.- We may be 95% sure that the generator will deliver at least how many kilowatts?
Outline the sequence of events involved in a plc scan cycle : Compare the way horizontal and vertical scan patterns examine input and output instructions.
What information is stored in the output image table file : What information is stored in the output image table file?
Compare the function of the plc program and data files : What does the memory map for a typical PLC processor consist of?
Find the number of people : For reservation purposes, the agency's management wants to find the number of people such that the probability is 0.85 that at least that many people will sign up.
Describe two normal health patterns of the client : Create a PowerPoint presentation of 10-12 slides."Provide an introduction and background overview of the movie character (client). Assess the client using the "Functional Health Pattern Assessment."Based on your "observations" and thoughts, document ..
Create value using the resources and core competencies : Analyze the company's value chain to determine where they can create value using the resources, capabilities, and core competencies discussed above.
Find probability bounds on the volume of excess sales : 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..
What is the function of an electrical interlocking circuit : Compare the type of sensor signal obtained from a thermocouple with that from an RTD.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability that average for sample is between a range

Assuming that the distribution of the salaries is normal, what is the probability that the average for this sample is between $36,000 and $42,000.

  U.s. dollars and invest in canadian dollars

Smart Banking Corp. can borrow $5 million at 6 percent annualized. It can use the proceeds to invest in Canadian dollars at 9 percent annualized over a 6-day period. The Canadian dollar is worth $.95 and is expected to be worth $.94 in 6 days.

  Interpret the following spss computer output

Interpret the following SPSS computer output for the chi-square test. Variable COMMUTE is “How did you get to work last week?” Variable GENDER is “Are you male or female?

  Test statistic-critical value and p-value

Conduct the hypothesis test and provide the test statistic, critical value, and P-value, and state the conclusion.

  Probability of randomly chosen student-normal approximation

Estimated the probability that among 75 randomly selected students, at least 20 of them score greater than 78.

  Find the probability that in each odd-numbered

An urn has five white and five green balls. Five balls are drawn at random without replacement. Find the probability that in each odd-numbered draw a green ball is drawn.

  According to the law school admission council in the fall

according to the law school admission council in the fall of 2006 63 of law school applicants were accepted to some law

  Suppose we rolled a pair of fair dice and count the number

suppose we rolled a pair of fair dice and count the number of dots located and the face that lands up. describe this

  Evaluate sarah d current inventory management

Sarah I) sells 10,400 CDs every year. I)igiSound wholesales them to her for $3.50 each for orders in excrs of 250 CDs and $4.00 for smaller orders. l'here is a S10.00 processing and delivery charge for each shipment, regardless of its size.

  Obtained t-score for this sample under

Thirteen students were randomly selected from the College of Public Health and their diastolic blood pressure was tested. The sample mean and standard deviation were 80.9 mmHg and 2.1 mmHg respectively. What is the obtained t-score for this sample..

  Estimating a population proportion

a) Determine the proportion of instances that the duration was less than 240 seconds. Also express the proportion as a percent. (hint: proportion is number of successes divided by total number.)

  Create a left-sided power curve using increments

Find the β risk and power assuming that the true mean is really 380 square feet per gallon. (b) Construct a left-sided power curve, using increments of 5 square feet (400, 395).

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