Let x be a random variable that represents checkout time (time spent in the actual checkout process) in minutes in the express lane of a large grocery. Based on a consumer survey, the mean of the x distribution is about ? = 2.7 minutes, with standard deviation ? = 0.6 minute. Assume that the express lane always has customers waiting to be checked out and that the distribution of x values is more or less symmetric and mound-shaped. What is the probability that the total checkout time for the next 30 customers is less than 90 minutes? Let us solve this problem in steps.
Let x be a random variable that represents checkout time (time spent in the actual checkout process) in minutes in the express lane of a large grocery. Based on a consumer survey, the mean of the x distribution is about ? = 2.7 minutes, with standard deviation ? = 0.6 minute. Assume that the express lane always has customers waiting to be checked out and that the distribution of x values is more or less symmetric and mound-shaped. What is the probability that the total checkout time for the next 30 customers is less than 90 minutes? Let us solve this problem in steps.
Let x be a random variable that represents checkout time (time spent in the actual checkout process) in minutes in the express lane of a large grocery. Based on a consumer survey, the mean of the x distribution is about ? = 2.7 minutes, with standard deviation ? = 0.6 minute. Assume that the express lane always has customers waiting to be checked out and that the distribution of x values is more or less symmetric and mound-shaped. What is the probability that the total checkout time for the next 30 customers is less than 90 minutes? Let us solve this problem in steps.
Let x be a random variable that represents checkout time (time spent in the actual checkout process) in minutes in the express lane of a large grocery. Based on a consumer survey, the mean of the x distribution is about ? = 2.7 minutes, with standard deviation ? = 0.6 minute. Assume that the express lane always has customers waiting to be checked out and that the distribution of x values is more or less symmetric and mound-shaped. What is the probability that the total checkout time for the next 30 customers is less than 90 minutes? Let us solve this problem in steps.
Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...
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