(b) What is the probability that a random sample of n = 40 oil changes results in a sample mean time less than 20 minutes? The probability is approximately 0.0467. (Round to four decimal places as needed.) (c) Suppose the manager agrees to pay each employee a $50 bonus if they meet a certain goal. On a typical Saturday, the oil-change facility will perform 40 oil changes between 10 A.M. and 12 P.M. Treating this as a random sample, at what mean oil-change time would there be a 10% chance of being at or below? This will be the goal established by the manager. There would be a 10% chance of being at or below minutes. (Round to one decimal place as needed.)
(b) What is the probability that a random sample of n = 40 oil changes results in a sample mean time less than 20 minutes? The probability is approximately 0.0467. (Round to four decimal places as needed.) (c) Suppose the manager agrees to pay each employee a $50 bonus if they meet a certain goal. On a typical Saturday, the oil-change facility will perform 40 oil changes between 10 A.M. and 12 P.M. Treating this as a random sample, at what mean oil-change time would there be a 10% chance of being at or below? This will be the goal established by the manager. There would be a 10% chance of being at or below minutes. (Round to one decimal place 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
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