The average amount of money that people spend at Don Mcalds fast food place is $7.6400 with a standard deviation of $1.6800. 16 customers are randomly 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( b. What is the distribution of I? I - N c. What is the distribution of )r?)r - N( d. What is the probability that one randomly selected customer will spend more than $8.2100? e. For the 16 customers, find the probability that their average spent is less than $8.2100. f. Find the probability that the randomly selected 16 customers will spend more than $131.3600. g. For part e) and f), is the assumption of normal necessary? O NoO Yes h. The owner of Don Mcalds gives a coupon for a free sundae to the 2% of all groups of 16 people who spend the most money. At least how much must a group of 16 spend in total to get the free sundae? $
The average amount of money that people spend at Don Mcalds fast food place is $7.6400 with a standard deviation of $1.6800. 16 customers are randomly 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( b. What is the distribution of I? I - N c. What is the distribution of )r?)r - N( d. What is the probability that one randomly selected customer will spend more than $8.2100? e. For the 16 customers, find the probability that their average spent is less than $8.2100. f. Find the probability that the randomly selected 16 customers will spend more than $131.3600. g. For part e) and f), is the assumption of normal necessary? O NoO Yes h. The owner of Don Mcalds gives a coupon for a free sundae to the 2% of all groups of 16 people who spend the most money. At least how much must a group of 16 spend in total to get the free sundae? $
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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