The average amount of money that people spend at Don Mcalds fast food place is $7.3500 with a standard deviation of $1.9700. 8 customers are randomly selected. Please answer the following questions, and round all answers to 4 decimal places where possible and assume a normal distribution. a. What is the distribution of X? X- N b. What is the distribution of a? - N( c. What is the distribution of a? a- N d. What is the probability that one randomly selected customer will spend more than $6.7253? e. For the 8 customers, find the probability that their average spent is more than $6.7253. f. Find the probability that the randomly selected 8 customers will spend more than $53.8024. g. For part e) and f), is the assumption of normal necessary? ONo Yes h. The owner of Don Mcalds gives a coupon for a free sundae to the 4% of all groups of 8 people who spend the most money. At least how much must a group of 8 spend in total to get the free sundae? $

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
icon
Related questions
icon
Concept explainers
Question
The average amount of money that people spend at Don Mcalds fast food place is $7.3500 with a standard
deviation of $1.9700. 8 customers are randomly selected. Please answer the following questions, and round all
answers to 4 decimal places where possible and assume a normal distribution.
a. What is the distribution of X? X- N(
b. What is the distribution of a? a- N(
c. What is the distribution of x? x
d. What is the probability that one randomly selected customer will spend more than $6.7253?
e. For the 8 customers, find the probability that their average spent is more than $6.7253.
f. Find the probability that the randomly selected 8 customers will spend more than $53.8024.
g. For part e) and f), is the assumption of normal necessary? O No Yes
h. The owner of Don Mcalds gives a coupon for a free sundae to the 4% of all groups of 8 people who spend
the most money. At least how much must a group of 8 spend in total to get the free sundae? $
Hint:
Some Helpful Videos:
• Finding the Sampling Distribution [+]
Finding a Probability Using the Central Limit Theorem [+]
• Finding Value Given a Probability Using the Central Limit Theorem [+]
• The Central Limit Theorem For Sums [+]
Hint
Transcribed Image Text:The average amount of money that people spend at Don Mcalds fast food place is $7.3500 with a standard deviation of $1.9700. 8 customers are randomly selected. Please answer the following questions, and round all answers to 4 decimal places where possible and assume a normal distribution. a. What is the distribution of X? X- N( b. What is the distribution of a? a- N( c. What is the distribution of x? x d. What is the probability that one randomly selected customer will spend more than $6.7253? e. For the 8 customers, find the probability that their average spent is more than $6.7253. f. Find the probability that the randomly selected 8 customers will spend more than $53.8024. g. For part e) and f), is the assumption of normal necessary? O No Yes h. The owner of Don Mcalds gives a coupon for a free sundae to the 4% of all groups of 8 people who spend the most money. At least how much must a group of 8 spend in total to get the free sundae? $ Hint: Some Helpful Videos: • Finding the Sampling Distribution [+] Finding a Probability Using the Central Limit Theorem [+] • Finding Value Given a Probability Using the Central Limit Theorem [+] • The Central Limit Theorem For Sums [+] Hint
Expert Solution
Step 1

Given:

The average amount of money spent at Don Mcalds fast food place is $7.3500 and standard deviation is $1.9700. The number of randomly selected customers is 8.

Step 2

(a)

To find the distribution of X as follows,

Mean = μ = 7.3500Std.deviation = σ = 1.9700Sample size = n = 8

Therefore, the distribution of X is as follows,

X~N7.3500, 1.9700

Step 3

(b)

To find the distribution of x as follows,

x~N7.3500, 1.97008x~N7.3500, 0.6965

Therefore, the distribution of x is as follows,

x~N7.3500, 0.6965

 

steps

Step by step

Solved in 5 steps

Blurred answer
Knowledge Booster
Continuous Probability Distribution
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill