The Manager at Peon's Furniture store wants to determine the how long customershave to wait in line to get in the store, during the huge Tent Sale Inventory Blow OutSale. They want this estimation to have a margin of 4.6 minutes. Peon's Furniture hasdata that suggests a standard deviation in wait times for the sale is 1.2 minutes.With a 95% confidence, what minimum sample size should Peon's use?(Remember your units)

Answered: The Manager at Peon's Furniture store…

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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Similar questions

A researcher is 95% confident with the estimate of a sample, of standard deviation of 10,that the error will not be more than 3. Step 1. What are the given? Step 2. What is the sample size needed by the researcher?
Solve the problem and draw the normal curve with the shaded region representing the given scenario in the problem. Explicitly write your solution and state & highlight your final answer at the end. You have just received your score in a mathematics aptitude test. Given your score was 82 and the mean score on the test was 73 with a standard deviation of 5. Assume that the test scores are normally distributed. a. Find the median and the mode, and compare it with the given mean value. b. Determine the intervals within 1, 2 and 3 standard deviations from the mean, that is, the µ ± 10, µ ± 20, μ ± 30.
A team of ten (10) construction workers who are working on a project are classified according to the skill levels, Classes A to D. The table below shows the number of workers in each of the four (4) classes and their respective hourly pay-rate. Pay-rate (Rands/hour) Number of workers Class A 80 Class B 60 Class C 55 Class D 50 4. Calculate the mean hourly pay-rate for the 10 workers. A. R24.50/hour B. R57/hour C. R57.50/hour D. R61.75/hour
After the pandemic hit and people were forced to spend more time indoors, there have been a suspicion among health professionals. that people are eating more and thus gaining weight. In 2018, the average weight of 192 pounds, and health experts want to know if that average weight of the American male has gone up during this pandemic. d. A sample of 50 American males yeilded a sample average weight of 195 pounds and a sample standard deviation of 14.5 pounds. What is your conclusion at the 5% level of significance? (be sure to state your conclusion in the context of this problem) e. Would your conclusion change if the level of significance were changed to 1%? Briefly explain.
Help!
Please just answer D
Analyze the Data Given the following values. a. Min = 3 b. M = 16 c. Max = 50 d. 6 Q1 = Q3 = 25 e. f. IQR = 19 A Construct a box plot of data B What does the shape of the box plot imply about the concentration of data? Use complete sentences. C Using the box plot, how can you determine if there are potential outliers? D How does the standard deviation help you to determine concentration of the data and whether or not there are potential outliers? E What does the IQR represent in this problem?
Assume that the test scores for biostatistics midterm examination are normally distributed with a mean of 74 and a standard deviation of 10. i. Suppose that you receive a score of 88. What percent of the class received scores higher than yours? ii. Suppose that the teacher wants to limit the number of A grades in the class to no more than 20%. What would be the lowest score for an A?
Use the Empirical Rule. The mean speed of a sample of vehicles along a stretch of highway per hour and 85 miles per hour. (Assume the data set has a bell-shaped distribution.) 70 miles per hour, with a standard deviation of 5 miles per hour. Estimate the percent of vehicles whese speeds are between 55 miles Approximately% of vehicles travel between 55 miles per hour and 85 miles per hour.
Assume the cholesterol levels of an adult can be described by a Normal model with a mean of 183 mg/dL and a standard deviation of 27. Complete parts a through e. b) What percent of adults do you expect to have cholesterol levels over 190 mg/dL? enter your response here % (Round to two decimal places as needed.) Part 3 c) What percent of adults do you expect to have cholesterol levels between 150 and 160 mg/dL? enter your response here % (Round to two decimal places as needed.) Part 4 d) Estimate the interquartile range of cholesterol levels. IQR=enter your response here mg/dL (Round to the nearest integer as needed.) Part 5 e) Above what value are the highest 15% of adults' cholesterol levels? enter your response here mg/dL (Round to the nearest integer as needed.)
The Internal Revenue Service reports that the mean federal income tax paid in the year 2010 was $8040. Assume that the standard deviation is $4900. The IRS plans to draw a sample of 1000 tax returns to study the effect of a new tax law. Do you think it would be unusual for an individual to pay a tax of less than $7800? Explain. Assume the variable is normally distributed. Round the answer to at least four decimal places.
Analysts of traffic control systems believe that the average speed of heavy vehicles on highways has decreased after passing an ordinance of high penalty to regulate over speeding. The average speed for a random selection of 36 trucks was found to be 55 mph with a standard deviation of 5 mph. The speed before the ordinance was passed was an average of up to 57 mph on these highways.Compute the value of the test statistic. Group of answer choices 0.40 -0.40 2.40 -5.37 -2.40

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