Questions from Business Analytics


Q: A student is drawing a rectangle, which has a perimeter of

A student is drawing a rectangle, which has a perimeter of 20 cm. He wants the length, x cm, of one side of this rectangle to be uniformly distributed between 1 cm and 7 cm. Find the probability that...

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Q: In determining bike mileage ratings, it was found that the mpg

In determining bike mileage ratings, it was found that the mpg (X) for a certain model is normally distributed, with a mean of 34 mpg and a standard deviation of 1.9 mpg. Find the following: a. P(X <...

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Q: The distribution of SAT scores in math for an incoming class of

The distribution of SAT scores in math for an incoming class of business students has a mean of 610 and standard deviation of 20. Assume that the scores are normally distributed. a. Find the probabili...

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Q: A popular soft drink is sold in 2-liter (2

A popular soft drink is sold in 2-liter (2,000-milliliter) bottles. Because of variation in the filling process, bottles have a mean of 2,000 milliliters and a standard deviation of 18, normally distr...

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Q: A box contains marbles of four different colors: red, green

A box contains marbles of four different colors: red, green, blue, and yellow. Three marbles are randomly chosen from the box. a. List all possible outcomes in the sample space. b. What is the probabi...

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Q: A fisherman found that the average length of cherry hybrid salmon is

A fisherman found that the average length of cherry hybrid salmon is about 20 inches with a standard deviation of 2 inches. By assuming the cherry salmon’s length is normally distributed, find the pro...

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Q: In reviewing your previous reports, several questions came to Elizabeth Burke’s

In reviewing your previous reports, several questions came to Elizabeth Burke’s mind. Use point and interval estimates to help answer these questions. 1. What proportion of customers rate the company...

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Q: According to historical data, a European musician finds that customers who

According to historical data, a European musician finds that customers who download music from a popular Web service spend approximately €24 per month, with a standard deviation of €4. Find the probab...

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Q: According to WHO, around 1.35 million people die each

According to WHO, around 1.35 million people die each year due to road accidents. Suppose that on a specific highway, an average of four accidents occur within every hour. Find the probability that th...

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Q: The actual delivery time from a pizza delivery company is exponentially distributed

The actual delivery time from a pizza delivery company is exponentially distributed with a mean of 28 minutes. a. What is the probability that the delivery time will exceed 31 minutes? b. What proport...

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