1:13:55Question 16Not yet answeredMarked out of 9.00Flag questionTipsQUESTION 1The manager of a computer shop is recording the time taken for customers to decide of which computer and accessories they buy from the time they enter the store. From the previous data, it is known that the average ‘decision’ time was 45 minutes. The manager assumes a normally distributed population with a standard deviation of 10 minutesa) What is the probability that a customer will take more than 60 minutes?b) What proportion of customers will take between 35 and 60 minutes?c) From a sample of 36 customers, what is the probability that the sample mean will be less than 40 minutes?
Question
1:13:55Question 16Not yet answeredMarked out of 9.00Flag questionTipsQUESTION 1The manager of a computer shop is recording the time taken for customers to decide of which computer and accessories they buy from the time they enter the store. From the previous data, it is known that the average ‘decision’ time was 45 minutes. The manager assumes a normally distributed population with a standard deviation of 10 minutesa) What is the probability that a customer will take more than 60 minutes?b) What proportion of customers will take between 35 and 60 minutes?c) From a sample of 36 customers, what is the probability that the sample mean will be less than 40 minutes?
Solution
This question is about statistics, specifically normal distribution. Here's how to solve it:
a) What is the probability that a customer will take more than 60 minutes?
First, we need to calculate the z-score. The z-score is a measure of how many standard deviations an element is from the mean. The formula for the z-score is:
Z = (X - μ) / σ
where: X is the value we are interested in (60 minutes in this case), μ is the mean (45 minutes), σ is the standard deviation (10 minutes).
So, Z = (60 - 45) / 10 = 1.5
We then look up this z-score in the z-table to find the probability. The value for 1.5 in the z-table is 0.9332. However, this is the probability that a customer will take 60 minutes or less. We want the probability that a customer will take more than 60 minutes, so we subtract the value from 1 (because the total probability is 1).
So, the probability that a customer will take more than 60 minutes is 1 - 0.9332 = 0.0668 or 6.68%.
b) What proportion of customers will take between 35 and 60 minutes?
We need to calculate the z-scores for both 35 and 60 minutes and find the probabilities for these z-scores.
For 35 minutes, Z = (35 - 45) / 10 = -1. The value for -1 in the z-table is 0.1587.
For 60 minutes, we already calculated the z-score and probability as 1.5 and 0.9332 respectively.
The proportion of customers who will take between 35 and 60 minutes is the difference between these two probabilities: 0.9332 - 0.1587 = 0.7745 or 77.45%.
c) From a sample of 36 customers, what is the probability that the sample mean will be less than 40 minutes?
When dealing with sample means, the standard deviation becomes σ/√n, where n is the sample size. In this case, n is 36, so the new standard deviation is 10/√36 = 10/6 = 1.67.
We then calculate the z-score for 40 minutes: Z = (40 - 45) / 1.67 = -3.
The value for -3 in the z-table is 0.0013 or 0.13%, so this is the probability that the sample mean will be less than 40 minutes.
Similar Questions
The manager of a computer shop is recording the time taken for customers to decide of which computer and accessories they buy from the time they enter the store. From the previous data, it is known that the average ‘decision’ time was 45 minutes. The manager assumes a normally distributed population with a standard deviation of 10 minutesa) What is the probability that a customer will take more than 60 minutes?
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