In 2008, the per capita consumption of soft drinks in Country A was reported to be...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
In 2008, the per capita consumption of soft drinks in Country A was reported to be 19.12 gallons. Assume that the per capita consumption of soft drinks in Country A is approximately normally distributed, with a mean of 19.12 gallons and a standard deviation of 4 gallons. . Calculate Z and round to two decimal places for each. Then use technology or a table of values from the cumulative standardized normal distribution to find the probability. Pay attention to each question, as technology calculates area to the left and the table shows area to the left. Show all work. What is the probability that someone in Country A consumed more than 13 gallons of soft drinks in 2008? (Round to four decimal places as needed.) What is the probability that someone in Country A consumed between 7 and 9 gallons of soft drinks in 2008? (Round to four decimal places as needed.) What is the probability that someone in Country A consumed less than 9 gallons of soft drinks in 2008? In 2008, the per capita consumption of soft drinks in Country A was reported to be 19.12 gallons. Assume that the per capita consumption of soft drinks in Country A is approximately normally distributed, with a mean of 19.12 gallons and a standard deviation of 4 gallons. . Calculate Z and round to two decimal places for each. Then use technology or a table of values from the cumulative standardized normal distribution to find the probability. Pay attention to each question, as technology calculates area to the left and the table shows area to the left. Show all work. What is the probability that someone in Country A consumed more than 13 gallons of soft drinks in 2008? (Round to four decimal places as needed.) What is the probability that someone in Country A consumed between 7 and 9 gallons of soft drinks in 2008? (Round to four decimal places as needed.) What is the probability that someone in Country A consumed less than 9 gallons of soft drinks in 2008?
Expert Answer:
Answer rating: 100% (QA)
Lets calculate Z and find the probability for each question Question 1 Probability that someone in C... View the full answer
Posted Date:
Students also viewed these mathematics questions
-
when it comes to return on equity A . higher is always better B . lower is always better C . higher is typically better, but high ROE can also reflect other choices a business makes that may not be...
-
Please show all work and explain. Answers are given. You purchase a Repo with a par value of $ 2 5 0 , 0 0 0 , 0 0 0 and one day to maturity. The quoted rate on the Repo is 0 . 7 2 % . a . How much...
-
The yield to maturity on 1-year zero-coupon bonds is currently 6%; the YTM on 2-year zeros is 7%. The Treasury plans to issue a 2-year maturity coupon bond, paying coupons once per year with a coupon...
-
In order to have $391,185 in 26 years, how much needs to be deposited each month into a bank account whose annual rate is 1.8% with monthly compounding?
-
Most commercial Internet sites monitor site traffic so that they can recognize attacks by hackers, such as a distributed denial of service attack (DDoS). In this attack, the hacker hijacks a...
-
Suppose Hillard Manufacturing sold an issue of bonds with a 10-year maturity, a $1,000 par value, a 10% coupon rate, and semiannual interest payments. a. Two years after the bonds were issued, the...
-
The Hollister Company acquires a silver mine at the cost of \(\$ 1,300,000\) on January 1. Along with the purchase price Hollister pays additional costs associated with development of \(\$ 50,000\)....
-
The Mason Corporations present capital structure, which is also its target capital structure, calls for 50 percent debt and 50 percent common equity. The firm has only one potential project, an...
-
As shown in the figure below and in the Video, the aerodynamic drag on a truck can be reduced by the use of appropriate air deflectors. A reduction in drag coefficient from CD -0.96 to Cp -0.70...
-
Text Encryption & Decryption String letters = "abcdefghijklmnopqrstuvwxyz"; String enc = "kngcadsxbvfhjtiumylzqropwe"; For example, every 'a' becomes a 'k' when encoding a text, and every 'k'...
-
What are some of the causes of overestimating the economic impact of a sport event? Of underestimating?
-
How would one determine the extent to which locals are reverse time-switchers for a particular event?
-
Based on the answers to questions 15, should the project be accepted? Why or why not?
-
All else being equal, does increasing the size of the geographic area of impact raise, lower, or have no effect on the capture rate?
-
What is the projects NPV?
-
Consider the following scenario. Dawn works weekends, which include Fridays. Regulations state that she is required to take a one hour break after every 4 consecutive hours of work unless she leaves...
-
Aztec Furnishings makes hand-crafted furniture for sale in its retail stores. The furniture maker has recently installed a new assembly process, including a new sander and polisher. With this new...
-
The trial balance of E. Zees Business as at 31 December year 7 was as follows. Prepare an income statement for the year ended 31 December year 7, and a statement of financial position as at that...
-
Andreas, Jude and Sandy are in business together, sharing profits in the proportion 3 : 2 : 1. Their partnership agreement provides for interest on their fixed capital balances of 8 per cent per...
-
Would you rather be in business as a sole trader, in a partnership, or in a company? Why?
Study smarter with the SolutionInn App