"A waiter believes the distribution of his tips has a model that is slightly skewed to the left​, with a mean of ​$10.60 and a standard deviation of ​$6.60. He usually waits on about 50 parties over a weekend of work. ​a) Estimate the probability that he will earn at least ​$600. ​b) How much does he earn on the best 1​% of such​ weekends?"

Answers

Answer 1

Answer:

(a) 0.0668

(b) $638.74

Step-by-step explanation:

Let X denote the tips earned by a waiter.

It is provided that X follows a left-skewed distribution with mean, μ = $10.60 and standard deviation, σ = $6.60.

It is also provided that, the waiter usually waits on about n = 50 parties over a weekend of work.

According to the Central Limit Theorem if we have a population with mean μ and standard deviation σ and we take appropriately huge random samples (n ≥ 30) from the population with replacement, then the distribution of the sum of values of X, i.e ∑X, will be approximately normally distributed.  

Then, the mean of the distribution of the sum of values of X is given by,  

 [tex]\mu_{S}=n\mu\\[/tex]

And the standard deviation of the distribution of the sum of values of X is given by,  

[tex]\sigma_{S}=\sqrt{n}\sigma[/tex]

As the sample size is large, i.e. n = 50 > 30, the Central Limit Theorem can be used to approximate the sampling distribution of total tips by the normal distribution.

The mean and standard deviation are:

[tex]\mu_{S}=50\times 10.60=530\\\\\sigma_{S}=\sqrt{50}\times 6.60=46.67[/tex]

(a)

Compute the probability that he will earn at least $600 as follows:

[tex]P(S\geq 600)=P(\frac{S-\mu_{S}}{\sigma_{S}}\geq \frac{600-530}{46.67})\\\\=P(Z>1.50)\\\\=1-P(Z<1.50)\\\\=1-0.93319\\\\=0.06681\\\\\approx 0.0668[/tex]

Thus, the probability that he will earn at least $600 is 0.0668.

(b)

Let x represents his earnings on the best 1%  of such weekends.

That is, P (X < x) = 0.99.

⇒ P (Z < z) = 0.99

The corresponding z-score is, 2.33.

Compute the value of x as follows:

[tex]z=\frac{S-\mu_{S}}{\sigma_{S}}\\\\2.33=\frac{x-530}{46.67}\\\\x=530+(2.33\times 46.67)\\\\x=638.7411\\\\x\approx 638.74[/tex]

Thus, on the best 1%  of such weekends the waiter earned $638.74.


Related Questions

Tom is the custodian at the local highschool. He has a circular key ring with 9 keys on it. How many different arrangements of those keys can Tom make on his key ring?

Answers

tom will have his key 10

Answer:

40,320.. took the test on USA test prep

Step-by-step explanation:

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Answer: I don't see the amount per football

Step-by-step explanation:

150 adults complete a survey 80
are women​

Answers

Answer:

70 men

Step-by-step explanation:

We can subtract to find the amount of men who took the survey.

150 - 80 = 70

Best of Luck!

If an initial amount A0 of money is invested at an interest rate i compounded times a year, the value of the investment after t years is If we let n = 8, that is referred to as the continuous compounding of interest. Use L' Hospital's Rule to show that if interest is compounded continuously, then the amount after years is A=A0eit

Answers

Answer:

Following are the solution to the given point:

Step-by-step explanation:

Please find the comp[lete question in the attached file.

Given:

[tex]\bold{ \lim_{n \to \ \infty} (1+ \frac{r}{n})^{nt} =e^{rt}}[/tex]

In point 1:

[tex]\to y = (1+ \frac{r}{n})^{nt}[/tex]

In point 2:

[tex]\to \ln (y)= nt \ln(1+ \frac{r}{n})[/tex]

In point 3:

Its key thing to understand, which would be that you consider the limit n to[tex]\infty[/tex],  in which r and t were constants!  

[tex]=lim_{n \to \ \infty} \ln (y) = lim_{n \to \ \infty} nt \ln(1+\frac{r}{n})\\\\= lim_{n \to \ \infty} \frac{\ln(1+\frac{r}{n})}{\frac{1}{nt}}\\\\= lim_{n \to \ \infty} \frac{\frac{-r}{\frac{n^2}{(1+\frac{r}{n})}}}{- \frac{1}{n^2t}}\\\\= lim_{n \to \ \infty} \frac{\frac{rn^2t}{n^2}}{(1+\frac{r}{n})}\\\\= lim_{n \to \ \infty} \frac{rt}{(1+\frac{r}{n})}\\\\= \frac{rt}{(1+\frac{r}{0})}\\\\=rt[/tex]

In point 4:

[tex]\to \lim_{n \to \ \infty} = (1+\frac{r}{n})^{nt}[/tex] and

[tex]\to \lim_{n \to \ \infty} = A_0e^{rt}[/tex]

It takes 1 minute for a high speed train to travel 2 miles. How many miles can it travel in 1 hour?​

Answers

120 I think but don’t quote me on it
Answer is 120 miles


Explanation I think the answer is 120 miles because of 1 minute 2 miles you have to multiply 60 because that how a long a minute is then multiple by it by 2

Look at image which graph shows T (ABC)?

Answers

Answer:

A.

Step-by-step explanation:

That is a translation of 3 units left and 6 units down.

The table below represents equivalent ratios.

X y
6= 10
12 = 20
??= 45

Answers

Answer:

27

Step-by-step explanation:

6/10=12/20 because when you cross multiply, 120=120, so then you can do wither 6/10=x/45 and when you cross multiply you get 270=10x and 270/10=27.

write a linear equation in slope intercept form for a line that passes through the point 6,-2 and has a slope of -2/3

Answers

y=0.625x+1.75 is the equation for your problem.

You are trying to determine if you should accept a shipment of eggs for a local grocery store. About 4% of all cartons which are shipped have had an egg crack while traveling. You are instructed to accept the shipment if no more than 10 cartons out of the 300 you inspect have cracked eggs. What is the probability that you accept the shipment? (In other words, what is the probability that, at the most, you had 16 cartons with cracked eggs?)
a. 1012.
b. 3669.
c. 5319.
d. 4681.
e. 5832.
f. 6331.

Answers

Answer:

0.8809

Step-by-step explanation:

Given that:

The population proportion p = 4% = 4/100 = 0.04

Sample mean x = 16

The sample size n = 300

The sample proportion [tex]\hat p =\dfrac{x}{n}[/tex]

= 16/300

= 0.0533

[tex]P(\hat p \leq 0.0533) = P\bigg ( \dfrac{\hat p - p}{\sqrt{\dfrac{P(1-P)}{n}}}\leq\dfrac{0.0533 - 0.04}{\sqrt{\dfrac{0.04(1-0.04)}{300}}}\bigg )[/tex]

[tex]P(\hat p \leq 0.0533) = P\bigg ( Z\leq\dfrac{0.0133}{\sqrt{\dfrac{0.04(0.96)}{300}}}\bigg )[/tex]

[tex]P(\hat p \leq 0.0533) = P\bigg ( Z\leq\dfrac{0.0133}{\sqrt{\dfrac{0.0384}{300}}}\bigg )[/tex]

[tex]P(\hat p \leq 0.0533) = P\bigg ( Z\leq\dfrac{0.0133}{\sqrt{1.28 \times 10^{-4}}}\bigg )[/tex]

[tex]P(\hat p \leq 0.0533) = P\bigg ( Z\leq\dfrac{0.0133}{0.0113}}\bigg )[/tex]

[tex]P(\hat p \leq 0.0533) = P\bigg ( Z\leq1.18}\bigg )[/tex]

From the z tables;

= 0.8809

OR

Let X be the random variation that follows a normal distribution;

Then;

population mean [tex]\mu[/tex] = n × p

population mean [tex]\mu[/tex] = 300 × 0.04

population mean [tex]\mu[/tex] = 12

The standard deviation [tex]\sigma = \sqrt{np(1-p)}[/tex]

The standard deviation  [tex]\sigma = \sqrt{300 \times 0.04(1-0.04)}[/tex]

The standard deviation [tex]\sigma = \sqrt{11.52}[/tex]

The standard deviation  [tex]\sigma = 3.39[/tex]

The z -score can be computed as:

[tex]z = \dfrac{x - \mu}{\sigma}[/tex]

[tex]z = \dfrac{16 -12}{3.39}[/tex]

[tex]z = \dfrac{4}{3.39}[/tex]

z = 1.18

The required probability is:

P(X ≤ 10) = Pr (z  ≤ 1.18)

= 0.8809

8. Kim has a fever. Her temperature is 100.5 degrees Fahrenheit. Norr
temperature is 98.6 degrees Fahrenheit, How much above normal
temperature is Kim's fever?

Answers

Answer:

1.9 degrees above the normal temperture

Step-by-step explanation:

Normal temperture: 98.6 degrees Fahrenheit

100.5 - 98.6 =  1.9  

A genetic experiment with peas resulted in one sample of offspring that consisted of 438 green peas and 173 yellow peas.

Required:
a. Construct a 95â% confidence interval to estimate of the percentage of yellow peas.
b. It was expected thatâ 25% of the offspring peas would be yellow. Given that the percentage of offspring yellow peas is notâ 25%, do the results contradictâ expectations?

Answers

Answer:

a

The 95% confidence interval is [tex] 0.2474 < p < 0.3188 [/tex]

b

  The result obtained does not contradict expectation

Step-by-step explanation:

From the question we are told that

   The number of green peas is  k =  438

   The number of yellow peas is u =  173

Generally the sample size is mathematically represented as

       [tex]n = k + u[/tex]

=>    [tex]n = 438 + 173[/tex]

=>    [tex]n = 611[/tex]

Generally the sample proportion for yellow peas is

      [tex]\^ p = \frac{u}{n}[/tex]

=>   [tex]\^ p = \frac{173}{611 }[/tex]

=>   [tex]\^ p = 0.2831[/tex]

From the question we are told the confidence level is  95% , hence the level of significance is    

      [tex]\alpha = (100 - 95 ) \%[/tex]

=>   [tex]\alpha = 0.05[/tex]

Generally from the normal distribution table the critical value  of  [tex]\frac{\alpha }{2}[/tex] is  

   [tex]Z_{\frac{\alpha }{2} } =  1.96[/tex]

Generally the margin of error is mathematically represented as  

     [tex]E =  Z_{\frac{\alpha }{2} } * \sqrt{\frac{\^ p (1- \^ p)}{n} } [/tex]

=>  [tex]E =  1.96 * \sqrt{\frac{ 0.2831 (1- 0.2831)}{611} } [/tex]

=>  [tex]E =  0.0357 [/tex]

Generally 95% confidence interval is mathematically represented as  

      [tex]\^ p -E <  p <  \^ p +E[/tex]

=>     [tex] 0.2831  -0.0357 <p< 0.2831  + 0.0357[/tex]

=>     [tex] 0.2474 < p < 0.3188 [/tex]

From the question we are told that it was expected that 25% of the offspring peas will be yellow

   Now from the 95% confidence interval obtained we see that the expected sample proportion(25% ) falls within it so  it means that the result obtained does not contradict expectation

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Answers

Answer:

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Step-by-step explanation:

Answer:

2/1

Step-by-step explanation:

A calculator showed me that this was the answer. I would give you the link but I would probably get deleted. I already got warned so yeah.

Hope this helps!

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Answers

Answer:

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

base on my stuck knowledge

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Answers

Answer:

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Step-by-step explanation:

Answer:

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Step-by-step explanation:

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Answers

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Jason used a graphing tool to find the equation of the line of best fit in this scatter plot. After reading the equation of the line from the graphing tool, Jason wrote in his notebook that the line of best fit is represented by the equation y = 0.316x + 9.105. Jason likely an error when writing the equation in his notebook because the slope and the y-intercept of the equation he wrote.

Answers

Answer: Jason likely MADE an error when working the equation in his notebook because ONLY THE Y-INTERCEPT MATCHES the slope and the y-intercept of the equation he wrote.

Step-by-step explanation:

Help plsssssssssssssssssssssss

Answers

Five exterior angles of a hexagon are 41° 32°,67º 71°, and 55°, What is the measure of the sixth exterior
angle?
Can yo help me w this pl

Please give me the correct answer.​

Answers

Answer:

33

Step-by-step explanation:

2. Which of the following gives a valid reason for using the given
solution method to solve the system of equations shown?
Equation 1: 4x - 5y = 4
Equation li: 2x + 3y = 2

a Elimination; a coefficient in Equation is an integer multiple of a coefficient
in Equation II.

b Elimination; a coefficient in Equation II is an integer multiple of
a coefficient in Equation 1

c Substitution; equation I can be solved for x in one step by dividing both
sides by 4

d Substitution; equation can be solved for x in one step by subtracting 3y
from both sides.

Answers

Answer:

A. Elimination; a coefficient in Equation I is an integer multiple of a coefficient

in Equation II.

Step-by-step explanation:

4 is a multiple of 2. Therefore, the answer would be A.

PLEASE HELP ASAP
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Answers

Answer:

76

Step-by-step explanation:

j and k are the same size and every triangle equals 180

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180-128=52

L=52

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Answers

Answer:

x= 3d/k +8b/k i think

Step-by-step explanation:

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Answers

Answer:

36

Step-by-step explanation:

Median is the Middle number in the sequence.

Hope this Helps!!

:D

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36 38 39 40 47 48 51

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Answers

Answer:

The answer is C because you have to multiply them both:)

Answer:

The answer is C

Step-by-step explanation:

What I'm about to write is overkill for this question, but it works for any common denominator. Factor the denominators.

10: 2 * 5

5 : 1 * 5

You need 1 five and 1 two. The answer is 10

The correct way to go about doing the question is to multiply the 5 by 2 and the 2 on top by 2

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1/10        1 / 10

4/10 + 1/10

20POINTS WILL MARK BRANLIEST PLSS
The layout of a city park is pictured in the figure above. Park managers would like to find the distance of segment DE, in order to build a walkway across the middle of the park. The park managers look up the distance of segments BC and AB in the city records. If the length of segment AB is determined to be 562 feet, what is the distance of mid-segment DE in feet?

Select one:
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B. 244
C. 276
D. 281

Answers

244 is the correct answer

A triangle has angles that measure 54.6° and 17.8°. Which equation can be used to find the value of x, the measure of the third angle in the triangle?

Answers

Answer:

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Step-by-step explanation:

hope this helps

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Answers

Answer:

up

Step-by-step explanation:

postive, up!

Answer:

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Answers

Answer:

-2

Step-by-step explanation:

It would be =

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Answers

Answer:

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Step-by-step explanation:

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