A waitress believes the distribution of her tips has a model that is slightly skewed to the right, with a mean of $10.40 and a standard deviation of $4.10. She usually waits on about 60 parties over a weekend of work. a) Estimate the probability that she will earn at least $700. b) How much does she earn on the best 1% of such weekends? a) P(tips from 60 parties > $700) = 0.0084 (Round to four decimal places as needed.) b) The total amount that she earns on the best 1% of such weekends is at least $ (Round to two decimal places as needed.)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

2nd part please!

A waitress believes the distribution of her tips has a model that is slightly skewed to the right, with a mean of $10.40 and a standard deviation of $4.10. She usually waits on about 60 parties over a weekend of work.
a) Estimate the probability that she will earn at least $700.
b) How much does she earn on the best 1% of such weekends?
.....
a) P(tips from 60 parties > $700) = 0.0084
%D
(Round to four decimal places as needed.)
b) The total amount that she earns on the best 1% of such weekends is at least $
(Round to two decimal places as needed.)
Transcribed Image Text:A waitress believes the distribution of her tips has a model that is slightly skewed to the right, with a mean of $10.40 and a standard deviation of $4.10. She usually waits on about 60 parties over a weekend of work. a) Estimate the probability that she will earn at least $700. b) How much does she earn on the best 1% of such weekends? ..... a) P(tips from 60 parties > $700) = 0.0084 %D (Round to four decimal places as needed.) b) The total amount that she earns on the best 1% of such weekends is at least $ (Round to two decimal places as needed.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman