19 Answered Questions for the topic Business Statistics

Business Statistics Statistics

11/23/20

Statistics Need help Please

Hoping to lure more shoppers downtown, a new public parking garage has been constructed in Orlando’s central business district. The city plans to pay for the structure through parking fees. For a... more
Business Statistics Statistics

11/21/20

Business statistics need help

According to a government​ agency, 48.6​% of mothers in a certain region were​ breast-feeding their four​-month-old babies in 2016. Suppose a health insurance company would like to estimate the... more
Business Statistics

09/02/18

suppose you have a data set about the amount of fertilizer used and the number of rice harvested from 50 equally sized pots.

Which of the five sources of data best describes the source of this data set? a. These data responses from a survey b. These data are outcomes of a designed experiment c. These data are... more
Business Statistics Math Statistics Statistics Question

03/21/18

Statistics Question

The Price of a bond is uniformly distributed between $80 and $90.    a. What is the probability that the bond price will be greater than $83? b. What is the probability that the bond price will... more
Business Statistics

01/27/18

A wheel is divided into 12 slices. 6 slices award a 10% discount, 3 slices award a 20% discount, 2 slices award a 40% discount, 1 slice awards a 100% discount

A) What is the probability that a customer gets at least a 40% discount? B) What is the probability that a customer does not get at least a 40% discount? C) What is the probability that a... more
Business Statistics

01/27/18

Two random variables, X and Y, are independent. E(X)=2, Var(X)=1, E(Y)=6, Var(Y)=4. What is Z=2x+3y

 Need an answer to this problem asap, as well as an explanation on how to compute this data through a TI-83 calculator.  Thank you
Business Statistics

11/10/17

The annual ground coffee expenditures for household are approximately normally distributed with a mean of $42.87 and a standard deviation of $10.00.

95% of the household spent less then what amount?    Need to know the steps on how to figure out the problem?
Business Statistics

11/09/17

Statistics Problem!!!!

consider that the historical return of an investment follows a normal distribution with a mean of 2000 dollars and a standard deviation of 300 dollars. what is the upper limit for which 60% of all... more
Business Statistics

05/03/17

A student takes a 600 item standardized test. The student is told he/she scored at the 70th percentile. It means the student

A student takes a 600 item standardized test. The student is told he/she scored at the 70th  percentile. It means the studentanswered 30% of the items correctlyanswered more than 70% of the items... more
Business Statistics

02/20/17

Classify the random variables below according to whether they are discrete or continuous

Is the number of free throws made per game by a basketball team discrete or continuous?  

How much should you invest each month in order to have $600,000 if your rate of return is 4.8% compounded monthly and you want to achieve your goal in 40 years?

How much should you invest each month in order to have $600,000 if your rate of return is 4.8% compounded monthly and you want to achieve your goal in 40 years?   How much interest will you... more
Business Statistics

06/29/16

Find the amount necessary to fund the given withdrawals. Semiannual withdrawals of ?$950 for 6 ?years; interest rate is 6.8?% compounded semiannually

Find the amount necessary to fund the given withdrawals. Semiannual withdrawals of ?$950 for 6 ?years; interest rate is 6.8?% compounded semiannually
Business Statistics

10/07/15

After converting the time data to a minute scale, calculate the mean and the standard deviation for the distribution. (Round your answers to 2 decimal places.)

After converting the time data to a minute scale, calculate the mean and the standard deviation for the distribution. (Round your answers to 2 decimal places.)
Business Statistics

01/14/15

A rock concert brought in $432,500 on the sale of 9,500 tickets. If the tickets sold for $35 and $55 each, how many of each type of ticket were sold?

There are numerous questions like this one but I will just say this one for now. The topics of the chapter are linear equations, linear inequalities, and applications. 
Business Statistics

12/10/14

(10/3) x (1/2) cubed x (1/2) to the 7th power=

I know the order of operations is parenthesis, exponents, multiplication, division, addition and subtraction, but I am not sure I am doing what is correct.  The answer I have .117 or 15/128....what... more
Business Statistics

12/07/14

probability question. Problem is in comment. Thank you.

how do i know if it is a probability theory or discrete probability distribution and how do I solve, what formula do I use?   here is my problem:   A country club is trying to understand the... more
Business Statistics

02/17/14

What is the relative frequency for $25 and the $35 class

The frequency of $25 and $35 class 

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.