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Math
Math
2. A firm sales manager believes that total sales for the firm this year can be modeled by using a
normal distribution with a mean of kshs 2,500,000 and a standard deviation of kshs 250,000
i. What is the probability that the firm’s sales will exceed kshs 3,050,000?
ii. What is the probability that the firm’s sales will fall between kshs 2,000,000 and kshs
3,000,000
iii. Determine the sales level that has only 12% chance of being exceeded
3. Explain two conditions under which Poisson distribution can be used to approximate binomial
distribution
4. A soap manufacturing company was distributing a particular soap brand through a large number
of retail shops. Before advertisement campaign the mean sales per week per shop was a40 dozen.
After a campaign, a sample of 25 shops was taken and the mean sales was found to be 148 dozen
with a standard deviation of 15. can you consider the advertisement to be effective?
5. In a city 16 out of a sample of 500 men were drinkers. After the heavy increase in tax on
intoxicants, another random sample of 100 men in the same city included 3 drinkers. Was the
6. Twenty volunteers were selected with five being assigned at random to each of A1, A2 A3 and
A4. Each volunteer was given the assigned antidote and then required to drink a prescribed
amount of sugar; an amount kept secret to protect the innocent. One hour after the volunteer had
drunk the sugar, a sample of his/her blood was taken and tested for blood sugar level. The results
Antidote/rep 1 2 3 4 5 Total
A1 76 52 92 80 70 370
A4 87 93 91 120 99 490
Required
Analyze these data and prepare a report on the comparative merits of the four antidotes.