A study of the time spent by visitors to finish the viewing of a marine life aquarium
Question:
A study of the time spent by visitors to finish the viewing of a marine life aquarium is uniformly distributed between 120 and200 minutes. What is the probability that the viewing time will be
a. between 150 and 190 minutes.
b. less than 160 minutes.
c. Calculate the mean and the standard deviation for the viewing time.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Given Minimum viewing time a 120 minutes Maximum viewing time b 200 minutes a To find the probabilit...View the full answer
Answered By
Irfan Ali
I have a first class Accounting and Finance degree from a top university in the World. With 5+ years experience which spans mainly from the not for profit sector, I also have vast experience in preparing a full set of accounts for start-ups and small and medium-sized businesses. My name is Irfan Ali and I am seeking a wide range of opportunities ranging from bookkeeping, tax planning, business analysis, Content Writing, Statistic, Research Writing, financial accounting, and reporting.
4.70+
249+ Reviews
530+ Question Solved
Related Book For
Public Finance An International Perspective
ISBN: 9789814365048
1st Edition
Authors: Joshua E. Greene
Question Posted:
Students also viewed these Business questions
-
Given Account.java Which of the following are actual parameters (also called arguments)? Account.java Which of the following are formal parameters (also called parameters)? Account.java Which of the...
-
A study of the time spent shopping in a supermarket for a market basket of 20 specific items showed an approximately uniform distribution between 20 minutes and 40 minutes. What is the probability...
-
QUIZ... Let D be a poset and let f : D D be a monotone function. (i) Give the definition of the least pre-fixed point, fix (f), of f. Show that fix (f) is a fixed point of f. [5 marks] (ii) Show that...
-
Boneyard Biscuits Dutch auction for an IPO was a great success. The firm offered 100 million shares. Bids appear below. a. What is the clearing price? b. What options do Boneyard and its underwriters...
-
The following post-closing trial balance was drawn from the accounts of Little Grocery Supplier (LGS) as of December 31, 2017:...
-
The ledger of Buerhle, Inc. on March 31, 2010, includes the following selected accounts before adjusting entries.An analysis of the accounts shows the following:1. Insurance expires at the rate of...
-
After returning from a skiing vacation in Vermont, Leslie Adel came down with Legionnaires Disease. He claimed it was from the water drunk at the ski resort and provided by Greensprings of Vermont...
-
Fernandez Corp. invested its excess cash in available-for-sale securities during 2012. As of December 31, 2012, the portfolio of available-for-sale securities consisted of the following common...
-
Describe the growth of organized labor. What were some of the early unions that appeared at this time? What important strikes occurred at this time?
-
The scheduled time for a flight between Kuwait city and the city of Dubai in the United Arab Emirates is 75 minutes. Assume that the actual flight time is uniformly distributed between 73 and 85...
-
The time it takes for a plane to be cleaned and ready for the next flight is uniformly distributed between 35 and 45 minutes. What is the probability that the cleaning time will be a. less than...
-
Match each of the key terms with the definition that best fits it. ____________ The person who makes detailed notes of the happenings at a joint application design session. Here are the key terms...
-
Loblaw Companies Ltd. is Canada's largest food and pharmacy firm, with sales in 2019 over $48 billion. It is represented in all provinces. President's Choice brand-name products, the Real Canadian...
-
Develop a report including analysis of the measurement and recommendations for further changes. Include in your report the following: The suggested changes The steps and cost involved in making the...
-
Using this method of budgeting, a company selling $25,000,000 annually wants to allocate 5% of their total annual sales to their advertising and marketing budget. A defensive strategy will be applied...
-
Write me a problem statement about research topic the role of packaging design influencing consumer buying decision within fast food industry include, data statistic, theory, from micro perspective...
-
A 80,000 Czech Koruna with a 5000 Koruna coupon is trading for 80,500 Koruna, and 12,000 Euro Bill with a 200 Euro coupon is trading at 11,900 Euro. Both mature in 1 year. If uncovered interest...
-
Suppose that X is a binomial random variable with n = 200 and p = 0.4. (a) Approximate the probability that X is less than or equal to 70. (b) Approximate the probability that X is greater than 70...
-
Suppose that you could invest in the following projects but have only $30,000 to invest. How would you make your decision and which projects would you invest in? Project Cost $ 8,000 11,000 9,000...
-
Let the random variable X denote a measurement from a manufactured product. Suppose the target value for the measurement is m. For example, X could denote a dimensional length, and the target might...
-
The lifetime of an electronic amplifier is modeled as an exponential random variable. If 10% of the amplifiers have a mean of 20,000 hours and the remaining amplifiers have a mean of 50,000 hours,...
-
Lack of Memory Property Show that for an exponential random variable X, P(X t1) = P(X < t2)
-
This residential development includes 40 one-bedroom and 60 two-bedroom apartments of 750 and 925 square feet (Sqft), respectively. Rent will be $1.75 per Sqft/month for the first year and is...
-
1. Assume that Home and Foreign produces two goods (apple and banana) using only labor in production. Assume that markets are perfectly competitive, and using the the information below to answer the...
-
Suppose that we have a Desired Aggregate Expenditure Function (AEF) given by the following: AEF = a + bY 6. What is this economy's Equilibrium National Income (Y) as a function of a & b? [2 points]...
Study smarter with the SolutionInn App