The number of meals served in a week at Cath's Caf is Normally distributed with a mean
Question:
The number of meals served in a week at Cath's Café is Normally distributed with a mean of 6,000 and a standard deviation of 600. What is the probability that in a given week the number of meals served is less than 5,000? What is the probability that more than 7,500 meals are served? What is the probability that between 5,500 and 6,500 are served? There is a 90% chance that the number of meals served in a week exceeds what value? There is a 90% chance that the number of meals served will fall within what range?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
With a mean of 6000 and standard deviation of 600 For probability 5000 For probabilit...View the full answer
Answered By
Madhvendra Pandey
Hi! I am Madhvendra, and I am your new friend ready to help you in the field of business, accounting, and finance. I am a College graduate in B.Com, and currently pursuing a Chartered Accountancy course (i.e equivalent to CPA in the USA). I have around 3 years of experience in the field of Financial Accounts, finance and, business studies, thereby looking forward to sharing those experiences in such a way that finds suitable solutions to your query.
Thus, please feel free to contact me regarding the same.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
A random variable X is normally distributed with a mean of 100 and a variance of 100 and a random variable Y is normally distributed with a mean of 200 and a variance of 400. The random variables...
-
A random variable X is normally distributed with a mean of 100 and a variance of 100, and a random variable Y is normally distributed with a mean of 200 and a variance of 400. The random variables...
-
A random variable X is normally distributed with a mean of 100 and a variance of 100, and a random variable Y is normally distributed with a mean of 200 and a variance of 400. The random variables...
-
Required Use the Target Corporations annual report in Appendix B to answer the following questions. a. What was Targets current ratio for its fiscal-year ended February 1, 2014 (2013) and 2012? b....
-
The structure steel work of a new office building is finished. Across the street, 60 feet from the ground floor or the freight elevator shaft in the building, a spectator is standing and watching the...
-
Assume the same facts as CP12- 4, except for additional data item (a) and the income statement. Instead of item (a) from CP12- 4, assume that the company bought new golf clubs for $ 3,000 cash and...
-
Assuming the short rate process of Exercise 2 and risk-neutral probabilities of .5 , consider a zero-coupon bond that pays \(\$ 1\) at time \(t=2\). Find the value at time \(t=0\) of this bond in two...
-
The balance sheet for Tactex Controls Inc., provincially incorporated in 2012, reported the following components of equity on December 31, 2013. In 2014 and 2015, the company had the following...
-
Let A, B, and C be finite sets, with A CBCC and n(B) = 15. (a) What are the possible values of n(A)? (b) What are the three smallest values of n(C)? (a) The possible values of n(A) are (Use a comma...
-
The Huntington Boys and Girls Club is conducting a fundraiser by selling chili dinners to go. The price is $7 for an adult meal and $4 for a childs meal. Write a program that accepts the number of...
-
A large number of observations have a mean of 120 and variance of 100. What proportion of observations is? (a) Below 100 (b) Above 130 (c) Between 100 and 130 (d) Between 130 and 140 (e) Between 115...
-
A service consists of two parts. The first part takes an average of 10 minutes with a standard deviation of 2 minutes; the second part takes an average of 5 minutes with a standard deviation of 1...
-
From Figure 11-3, we observe that South Korea, China, and India experienced major changes in their economic policies during the 1960s. What would account for the differences in their development...
-
The bookkeeper at Jefferson Company has not reconciled the bank statement with the Cash account, saying, "I don't have time." You have been asked to prepare a reconciliation and review the procedures...
-
Discuss in detail how the ergonomics design can improve safety and assist in curbing Covid-19 transmission in the office.
-
Ilvertown operates several silver mines across the country. On January 1, 2023, it paid $3,067,000 cash to purchase a silver mine with an estimated residual value of $558,000. The company also...
-
Completely detCompletely determined, based on analysis, whether the organization is believed to meet its financial goals, the outlook for growth and sustainability, and thoroughly explained your...
-
Financial statements are prepared following an applicable financial reporting framework, appropriate financial statemetn assertion, auditing standards generally accepted in the United States or set...
-
The lifetimes X and Y (in years) of two machine components have joint probability density What is the probability that both components are still functioning after 2 years? p(x, y) = 6 (5-x-y) if 0 x...
-
An educational researcher devised a wooden toy assembly project to test learning in 6-year-olds. The time in seconds to assemble the project was noted, and the toy was disassembled out of the childs...
-
Consider the experiment of selecting two items (without replacement) from a sample space of 100 , of which 5 items are defective. Let \(A_{1}=\{\) first item selected is defective \(\}\) and...
-
City Cab Company identified 10 primary pickup and drop locations for cab riders in New York City. In an effort to minimize travel time and improve customer service and the utilization of the companys...
-
City Cab Company identified 10 primary pickup and drop locations for cab riders in New York City. In an effort to minimize travel time and improve customer service and the utilization of the companys...
-
The five nodes in the following network represent points one year apart over a four-year period. Each node indicates a time when a decision is made to keep or replace a firms computer equipment. If a...
-
Supply is the connection between the cost of a decent and the amount ready to move costing that much. It very well might be addressed as a table or diagram relating cost and amount provided. Makers,...
-
If 50% of the men 18-34 years old watch television on Mondays at 11 PM, and 30% of those viewers watch Monday Night Football, what is Monday Night Football's rating among men 18-34?
-
Assume you are a media planner and you have just completed a media plan using both magazine and television advertising. Your magazine schedule reaches 50 percent of the target audience and your...
Study smarter with the SolutionInn App