Question

Assume students spend an average of $20.00 on a meal at a restaurant in 2018. Assume...

Assume students spend an average of $20.00 on a meal at a restaurant in 2018. Assume the amount of money spent on a restaurant meal is normally distributed and that the standard deviation is $4.

What is the probability a randomly selected student spent more than $22?

What is the probability that a randomly selected student spent between $19 and $21?

Between what two values will the middle 99% of the amounts of money spent fall?

Homework Answers

Answer #1
for normal distribution z score =(X-μ)/σx

1) probability a randomly selected student spent more than $22:

probability = P(X>22) = P(Z>0.5)= 1-P(Z<0.5)= 1-0.6915= 0.3085

2)

probability that a randomly selected student spent between $19 and $21 :

probability = P(19<X<21) = P(-0.25<Z<0.25)= 0.5987-0.4013= 0.1974

3)

for middle 99% values critical z =2.576

therefore middle 99% of the amounts of money spent fall between 20-/+2.576*4 = 9.68 and 30.32

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
one year consumers spent an average of $22 on a meal at a restaurant. assume that...
one year consumers spent an average of $22 on a meal at a restaurant. assume that the amount spent on a restaurant meal is normally distributed and that the standard deviation is $3. between what two values will the middle 95% of the amount of cash spent fall. the middle 95% of the amounts of cash spent will fall between x=$ and   x =$
One year consumers spent an average of ​$24 on a meal at a resturant. Assume that...
One year consumers spent an average of ​$24 on a meal at a resturant. Assume that the amount spent on a resturant meal is normally distributed and that the standard deviation is ​$4. Complete parts​ (a) through​ (c) below. a. What is the probability that a randomly selected person spent more than ​$26​? ​P(X>​$26​)= ​ b. What is the probability that a randomly selected person spent between ​$15 and ​$22​? ​P($15<X<​$22​)=nothing ​ c. Between what two values will the middle...
One year consumers spent an average of ​$21 on a meal at a resturant. Assume that...
One year consumers spent an average of ​$21 on a meal at a resturant. Assume that the amount spent on a resturant meal is normally distributed and that the standard deviation is ​$5. Complete parts​ (a) through​ (c) below. a. What is the probability that a randomly selected person spent more than ​$22? ​P(Xgreater than>​$22​)= ​(Round to four decimal places as​ needed.) b. What is the probability that a randomly selected person spent between ​$9 and ​$18? ​P($9less than<Xless than<​$18​)equals=nothing...
one year consumers spent an average of $22 on a meal at a restaurant. assume that...
one year consumers spent an average of $22 on a meal at a restaurant. assume that the amount spent on a restaurant meal is normally distributed and that the standard deviation is $3. what is the probability that a randomly selected person spent more than $24. probably that a randomly selected person spends between $5 and $15
One year consumers spent an average of $23 on a meal at a restaurant. Assume that...
One year consumers spent an average of $23 on a meal at a restaurant. Assume that the amount spent on a restaurant meal is normally distributed and that the standard deviation is $6. What is the probability that a randomly selected person spent between $9 and $21? P($9<X<$21)=? (Round to four decimal places as​ needed.) ​
One year consumers spent an average of $23 on a meal at a restaurant. Assume that...
One year consumers spent an average of $23 on a meal at a restaurant. Assume that the amount spent on a restaurant meal is normally distributed and that the standard deviation is $6. What is the probability that a randomly selected person spent more than $28? P(X>$28)=? ​
One year consumers spent an average of ​$24 on a meal at a resturant. Assume that...
One year consumers spent an average of ​$24 on a meal at a resturant. Assume that the amount spent on a resturant meal is normally distributed and that the standard deviation is ​$5 Complete parts​ (a) through​ (c) below Between what two values will the middle 95% of the amounts of cash spent​ fall? The middle 95% of the amounts of cash spent will fall between X=$ ​and X=$​
A Study found that consumers spend an average of $21 per week in cash without being...
A Study found that consumers spend an average of $21 per week in cash without being aware of where it goes. Assume that the amount of cash spent without being aware it goes is normally distributed and that the standard deviation is $4. A) what is the probability that a randomly selected will spend more that $23? P(x>$23)= round to four decimal places as needed. B) what is the probability that a randomly selected person will spend between $10 and...
. Customers at a popular Regina restaurant spend on average µ = 22.80 (per person). Assume[4]...
. Customers at a popular Regina restaurant spend on average µ = 22.80 (per person). Assume[4] that the amount spent at the restaurant follows approximately a normal distribution with a standard deviation of σ = 2.56. (a) What is the probability that a randomly selected customer will spend more than $24.00? (b) For a random sample of 49 customers, find the probability that the mean of the sample is between $22.50 and $24.00.
At school, students spend an average of 13.38 minutes per class texting. Suppose the minutes spent...
At school, students spend an average of 13.38 minutes per class texting. Suppose the minutes spent texting in class are normally distributed with a standard deviation of 3.27 minutes. What is the probability that a randomly selected student spends more than 17 minutes texting in class? a) 0.8665 b) 0.1335 c) 0.1515 d) 0.8485