Stats
5th Edition
ISBN: 9780135163825
Author: De Veaux, Richard D., Velleman, Paul F., BOCK, David E.
Publisher: Pearson,
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Chapter 13, Problem 28E
To determine
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A company found that the daily sales revenue of its flagship product follows a normal distribution with a mean of $4500 and a standard deviation of $450. The company defines a "high-sales day" that is, any day with sales exceeding $4800. please provide a step by step on how to get the answers in excel
Q: What percentage of days can the company expect to have "high-sales days" or sales greater than $4800?
Q: What is the sales revenue threshold for the bottom 10% of days? (please note that 10% refers to the probability/area under bell curve towards the lower tail of bell curve)
Provide answers in the yellow cells
Chapter 13 Solutions
Stats
Ch. 13.1 - 1. Back in Chapter 1, we suggested that you sample...Ch. 13.3 - JUST CHECKING
4. The American Association for...Ch. 13.4 - JUST CHECKING
5. Remember our sample of pages in...Ch. 13 - Prob. 1ECh. 13 - Cooking and shopping Forty-five percent of...Ch. 13 - Sports What is the probability that a person likes...Ch. 13 - Sports again From Exercise 3, if someone doesn’t...Ch. 13 - Late to the train A student figures that he has a...Ch. 13 - Field goals A nervous kicker usually makes 70% of...Ch. 13 - Titanic On the Titanic, the probability of...
Ch. 13 - Births If the sex of a child is independent of all...Ch. 13 - Facebook Facebook reports that 70% of its users...Ch. 13 - Online banking A national survey indicated that...Ch. 13 - Facebook again Suppose that the information in...Ch. 13 - Online banking again Suppose that the information...Ch. 13 - Facebook final Given the probabilities in Exercise...Ch. 13 - Online banking last time Given the probabilities...Ch. 13 - Phones Recent research suggests that 73% of...Ch. 13 - Travel Suppose the probability that a U.S....Ch. 13 - Amenities A check of dorm rooms on a large college...Ch. 13 - Workers Employment data at a large company reveal...Ch. 13 - Global survey The marketing research organization...Ch. 13 - Birth order A survey of students in a large...Ch. 13 - 21. Cards You draw a card at random front a...Ch. 13 - Pets In its monthly report, the local animal...Ch. 13 - 59. Health The probabilities that an adult...Ch. 13 - 60. Immigration The table shows the political...Ch. 13 - 25. Global survey, take 2 Look again at the table...Ch. 13 - 26. Birth order, take 2 Look again at the data...Ch. 13 - Sick kids Seventy percent of kids who visit a...Ch. 13 - Sick cars Twenty percent of cars that are...Ch. 13 - 29. Cards You are dealt a hand of three cards, one...Ch. 13 - 30. Another hand You pick three cards at random...Ch. 13 - 63. Batteries A junk box in your room contains a...Ch. 13 - 64. Shirts The soccer team’s shirts have arrived...Ch. 13 - 65. Eligibility A university requires its biology...Ch. 13 - 66. Benefits Fifty-six percent of all American...Ch. 13 - 35. Cell phones in the home A survey found that...Ch. 13 - Prob. 36ECh. 13 - Prob. 37ECh. 13 - Prob. 38ECh. 13 - Prob. 39ECh. 13 - 40. Birth order, finis In Exercises 20 and 26, we...Ch. 13 - Prob. 41ECh. 13 - Prob. 42ECh. 13 - Prob. 43ECh. 13 - Prob. 44ECh. 13 - Prob. 45ECh. 13 - Prob. 46ECh. 13 - Prob. 47ECh. 13 - Prob. 48ECh. 13 - Prob. 49ECh. 13 - Prob. 50ECh. 13 - Prob. 51ECh. 13 - Prob. 52ECh. 13 - Prob. 53ECh. 13 - Prob. 54ECh. 13 - Prob. 55ECh. 13 - 82. No-shows An airline offers discounted...Ch. 13 - Prob. 57ECh. 13 - Prob. 58ECh. 13 - Prob. 59E
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- Find the critical value for a left-tailed test using the F distribution with a 0.025, degrees of freedom in the numerator=12, and degrees of freedom in the denominator = 50. A portion of the table of critical values of the F-distribution is provided. Click the icon to view the partial table of critical values of the F-distribution. What is the critical value? (Round to two decimal places as needed.)arrow_forwardA retail store manager claims that the average daily sales of the store are $1,500. You aim to test whether the actual average daily sales differ significantly from this claimed value. You can provide your answer by inserting a text box and the answer must include: Null hypothesis, Alternative hypothesis, Show answer (output table/summary table), and Conclusion based on the P value. Showing the calculation is a must. If calculation is missing,so please provide a step by step on the answers Numerical answers in the yellow cellsarrow_forwardShow all workarrow_forward
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