Question

Suppose you must establish regulations concerning the maximum number of people who can occupy an elevator....

Suppose you must establish regulations concerning the maximum number of people who can occupy an elevator. A study of elevator occupancies indicates that, if eight people occupy the elevator, the probability distribution of the total weight of the eight people has a mean equal to 1,200 pounds and a variance equal to 9,800 lbs2. Assume that the probability distribution is approximately normal. We are interested in the probability of exceeding 1,300 in the elevator.

The Z value for this problem is:

o 1.01

o 3.03

o 2.02

o None of the others

Homework Answers

Answer #1

Solution :

Given that ,

mean = = 1200

variance = 2 = 9800

standard deviation =  = 2 = 9800 = 99

x = 1300

Using z-score formula,

z = x - /   

z = 1300 - 1200 / 99

z = 1.01

P(z > 1.01)

=1- P(z < 1.01)

= 1 - 0.8438

Probability = 0.1562

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
A study indicates that if eight people occupy the elevator, the probability distribution of the total...
A study indicates that if eight people occupy the elevator, the probability distribution of the total weight of the eight people is approximately normally distributed with a mean equal to 1,250 pounds and a standard deviation of 96 pounds. What is the probability that the total weight of eight people exceeds 1,350 pounds? (Round your answers to four decimal places.) What is the probability that the total weight of eight people exceeds 1,500 pounds? (Round your answer to four decimal...
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT