b. What is the distribution of ? x N 7.4300✔ 7 0.0506 X c. What is the distribution of Σα? Σ X - N( 334.35, 4617.2(X d. What is the probability that one randomly selected customer will spend more than $7.3424?
b. What is the distribution of ? x N 7.4300✔ 7 0.0506 X c. What is the distribution of Σα? Σ X - N( 334.35, 4617.2(X d. What is the probability that one randomly selected customer will spend more than $7.3424?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
B C D ONLY

Transcribed Image Text:selected. Please answer the following questions, and
round all answers to 4 decimal places where possible
and assume a normal distribution.
a. What is the distribution of X? X - N 7.4300 ✓
1.5100) o
b. What is the distribution of x? - N 7.4300 ✓
0.0506 X
c. What is the distribution of Σx? Σ - N(
334.35, 4617.2(X
d. What is the probability that one randomly
selected customer will spend more than $7.3424?
0.7190
X
e. For the 45 customers, find the probability that
their average spent is more than $7.3424.
0.5514
X
f. Find the probability that the randomly selected
45 customers will spend more than $330.4080.
X
g. For part e) and f), is the assumption of normal
necessary? Yes No o
h. The owner of Don Mcalds gives a coupon for a
free sundae to the 3% of all groups of 45 people
who spend the most money. At least how much
must a group of 45 spend in total to get the free
sundae? 10 2537
myopenmath.com
DO
AA
D
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps with 3 images

Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

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
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

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
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

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
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman