A major ride-sharing company in Chicago has computed its mean fare from O'Hare Airport to the Drake Hotel to be $29.74 with a standard deviation of $3.21.Based on this information, complete the following statements about the distribution of the company's fares from O'Hare Airport to the Drake Hotel.(a) According to Chebyshev's theorem, at least 84% of the fares liebetween dollars and dollars. (Round your answer to 2 decimalplaces.)(b) According to Chebyshev's theorem, at least (Choose one)fares lie between 23.32 dollars and 36.16 dollars.of theŚ

The mean is $29.74 and the standard deviation is 3.21.

Answered: A major ride-sharing company in Chicago…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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If your score on your next statistics test is converted to a z score, which of these z scores would you prefer: - 2.00, - 1.00, 0, 1.00, 2.00? Why? OA The z score of 1.00 is most preferable because it is 1.00 standard deviation above the mean and would correspond to an above average test score. O B. The z score of 0 is most preferable because it corresponds to a test score equal to the mean. OC. The z score of - 1.00 is most preferable because it is 1.00 standard deviation below the mean and would correspond to an above average test score. OD. The z score of 2.00 is most preferable because it is 2.00 standard deviations above the mean and would correspond to the highest of the five different possible test scores. O E. The z score of -2.00 is most preferable because it is 2.00 standard deviations below the mean and would correspond to the highest of the five different possible test scores. O Time MacBook PrO -> G Search or type URL esc ! @ #3 2$ % 2 4 6. 7 8 R Y P Q tab A S F G K caps…
The regression line for a set of data will have little meaning unless: Select one: a. the correlation coefficient is significant. b. the slope of the regression line is zero. c. the standard deviation of errors is zero. d. there are at least 30 data points chosen.
Researchers measured the data speeds for a particular smartphone carrier at 50 airports. The highest speed measured was 77.3 Mbps. The complete list of 50 data speeds has a mean of x = 18.24 Mbps and a standard deviation of s = 17.77 Mbps. a. What is the difference between carrier's highest data speed and the mean of all 50 data speeds? b. How many standard deviations is that [the difference found in part (a)]? c. Convert the carrier's highest data speed to a z score. d. If we consider data speeds that convert to z scores between -2 and 2 to be neither significantly low nor significantly high, is the carrier's highest data speed significant? a. The difference is (Type an integer or a Mbps. decimal. Do not round.) b. The difference is (Round to two decimal standard deviations. places as needed.) c. The z score is z = (Round to two decimal places as needed.) d. The carrier's highest data speed is C
Researchers measured the data speeds for a particular smartphone carrier at 50 airports. The highest speed measured was 72.6 Mbps. The complete list of 50 data speeds has a mean of x=18.29 Mbps and a standard deviation of s=19.75 Mbps. a. What is the difference between carrier's highest data speed and the mean of all 50 data speeds? b. How many standard deviations is that [the difference found in part (a)]? c. Convert the carrier's highest data speed to a z score. d. If we consider data speeds that convert to z scores between −2 and 2 to be neither significantly low nor significantly high, is the carrier's highest data speed significant? Question content area bottom Part 1 a. The difference is 54.3154.31 Mbps. (Type an integer or a decimal. Do not round.) Part 2 b. The difference is enter your response here standard deviations. (Round to two decimal places as needed.)
Mario's weekly poker winnings have a mean of $353 and a standard deviation of $67. Last week he won $185. How many standard deviations from the mean is that?
A successful basketball player has a height of 6 feet 11 inches, or 211 cm. Based on statistics from a data set, his height converts to the z score of 5.17. How many standard deviations is his height above the mean?
Researchers measured the data speeds for a particular smartphone carrier at 50 airports. The highest speed measured was 71.7 Mbps. The complete list of 50 data speeds has a mean of x = 15.45 Mbps and a standard deviation of s = 21.16 Mbps. a. What is the difference between carrier's highest data speed and the mean of all 50 data speeds? b. How many standard deviations is that [the difference found in part (a)]? c. Convert the carrier's highest data speed to az score. d. If we consider data speeds that convert to z scores between -2 and 2 to be neither significantly low nor significantly high, is the carrier's highest data speed significant? a. The difference is Mbps. (Type an integer or a decimal. Do not round.)
C. Atlantic Video is planning to add the new Marvel movie to their collection, and they predict that this will double their demand (i.e. new arrival rate is 60 customers every hour) and halve the standard deviation of the inter-arrival times. However, they want to keep the average waiting time of customers in line the same as before. Assume that the coefficient of variation for the check-out times does not change. Please answer the following questions. 1) Does the employee need to work twice as fast? If not, calculate the new service rate. 2) What is the average number of customers in the store?
Researchers measured the data speeds for a particular smartphone carrier at 50 airports. The highest speed measured was 73.7 Mbps. The complete list of 50 data speeds has a mean of x = 16.05 Mbps and a standard deviation of s = 17.75 Mbps. a. What is the difference between carrier's highest data speed and the mean of all 50 data speeds? b. How many standard deviations is that [the difference found in part (a)]? c. Convert the carrier's highest data speed to a z score. d. If we consider data speeds that convert to z scores between -2 and 2 to be neither significantly low nor significantly high, is the carrier's highest data speed significant? ..... a. The difference is Mbps. (Type an integer or a decimal. Do not round.) b. The difference is standard deviations. (Round to two decimal places as needed.) c. The z score is z = (Round to two decimal places as needed.) d. The carrier's highest data speed is Next MacBook F12 DD F11 DII F10 F9 F8 888 00 F7 F6 F5 F4 F3 F2 F1 & ! @ # $ 7 8 4 5 6…

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