Exercise 6-16 (LO6-4)

a) exactly 4 sales
12C4 * .3^4 * .7^8 = 0.231139696095
P(x = 4) = 23.11%

b) no sales
.7^12 = 0.013841287201
.7^12 = 0.013841287201

c) exactly 2 sales
12C2 * .3^2 * .7^10 = 0.167790297906
12C2 * .3^2 * .7^10 = 0.167790297906

d) mean of sales in 2hrs

n*p = 12 * 0.3 = 3.6

Exercise 6-35 (LO6-6)

a)
n= 1300
p= 0.0044
k> 5
-2.0454545
L=np 5.72 2.04545455
Exercise 7-22 (LO7-3)
-1.76923077 Exercise 7-22 (LO7-3)
b) z1= (x-u)/s
-1.7692308
Exercise 7-28 (LO7-3) 46.16%

z=(x-μ)/σ z2=
1,654=(x-20232)/4350 -0.8461538
x=(1,65)*(4350)+20232 30.23%
27409.5
15.93% 76.39%
0.960328
c) z1=
-1.7692308
0.4616

z2=
0.38461538
0.148

60.96%
Exercise 8-34 (LO8-5)

a)
s = 37000/sqrt(48) = 6.92820323
5340.489990004

b)
t(120000) = (120000-115000)/5340,489
0.93624368

P(x-bar >= 120000) = P(t >= 0.9362)=

z= 0,4798
2*z=0,9596

-0.9090909 z=0,3186
0.90909091 0.6372