The hotel industry has been greatly impacted by the COVID-19 pandemic. Suppose that traditionally the percentage of available hotel rooms that are occupied each night follows a normal distribution with a mean of 56.3 and a standard deviation of 14.3. In June 2020 the hotel occupancy rate was only 30. Based on the distribution above, what is the probability that the percentage of available hotel rooms that are occupied will be 30 or lower?
The hotel industry has been greatly impacted by the COVID-19 pandemic. Suppose that traditionally the percentage of available hotel rooms that are occupied each night follows a normal distribution with a mean of 56.3 and a standard deviation of 14.3. In June 2020 the hotel occupancy rate was only 30. Based on the distribution above, what is the probability that the percentage of available hotel rooms that are occupied will be 30 or lower?
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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