Bundle: Understanding Basic Statistics, Loose-leaf Version, 7th + WebAssign Printed Access Card for Brase/Brase's Understanding Basic Statistics, ... for Peck's Statistics: Learning from Data

7th Edition

ISBN: 9781305787612

Author: Charles Henry Brase, Corrinne Pellillo Brase

Publisher: Cengage Learning

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Textbook Question

Chapter 7.6, Problem 13P

Supermarkets: Free Samples Do you take the free samples offered in supermarkets? About 60% of all customers will take free samples. Furthermore, of those who take the free samples, about 37% will buy what they have sampled. (See reference in Problem 8.) Suppose you set up a counter in a supermarket offering free samples of a new product. The day you are offering free samples. 317 customers pass by your counter.

(a) What is the probability that more than 180 take your free sample?

(b) What is the probability that fewer than 200 take your free sample?

(c) What is the probability that a customer takes a free sample and buys the product? Hint: Use the multiplication rule for dependent events. Notice that we are given the conditional probability P(buy |sample) = 0.37. while P(sample) = 0.60.

(d) What is the probability that between 60 and 80 customers will take the free sample and buy the product? Hint: Use the probability of success calculated in part (c).

Features Features Normal distribution is characterized by two parameters, mean (µ) and standard deviation (σ). When graphed, the mean represents the center of the bell curve and the graph is perfectly symmetric about the center. The mean, median, and mode are all equal for a normal distribution. The standard deviation measures the data's spread from the center. The higher the standard deviation, the more the data is spread out and the flatter the bell curve looks. Variance is another commonly used measure of the spread of the distribution and is equal to the square of the standard deviation.

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Chapter 7 Solutions

Bundle: Understanding Basic Statistics, Loose-leaf Version, 7th + WebAssign Printed Access Card for Brase/Brase's Understanding Basic Statistics, ... for Peck's Statistics: Learning from Data

Ch. 7.1 - Statistical Literacy Which, if any, of the curves...Ch. 7.1 - Statistical Literacy Look at the normal curve in...Ch. 7.1 - Critical Thinking Look at the two normal curves in...Ch. 7.1 - Critical Thinking Sketch a normal curve (a) with...Ch. 7.1 - Basic Computation: Empirical Rule What percentage...Ch. 7.1 - Basic Computation: Empirical Rule What percentage...Ch. 7.1 - Distribution: Heights of Coeds Assuming that the...Ch. 7.1 - Distribution: Rhode Island Red Chicks The...Ch. 7.1 - Archaeology: Tree Rings At Burnt Mesa Pueblo,...Ch. 7.1 - Vending Machine: Soft Drinks A vending machine...

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Solution Summary: The author calculates the probability that more than 180 customers take the free sample using the continuity correction factor for normal distribution.

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Chapter 7 Solutions