Assume that the traffic to the web site of Smiley’s People, Inc., which sells customized T-shirts, follows a normal distribution, with a mean of 4.46 million visitors per day and a standard deviation of 800,000 visitors per day.
| (b) | What is the probability that the web site has 3 million or more visitors in a single day? If needed, round your answer to four decimal digits. |
Normal distribution: P(X < A) = P(Z < (A - mean)/standard deviation)
Mean = 4.46 million visitors per day
Standard deviation = 0.8 million visitors per day
b) P(the web site has 3 million or more visitors in a single day), P(X > 3)
= 1 - P(X < 3)
= 1 - P(Z < (3 - 4.46)/0.8)
= 1 - P(Z < -1.825)
= 1 - 0.0340
= 0.9660
Assume that the traffic to the web site of Smiley’s People, Inc., which sells customized T-shirts,...
Assume that the traffic to the web site of Smiley’s People, Inc., which sells customized T-shirts, follows a normal distribution, with a mean of 4.54 million visitors per day and a standard deviation of 860,000 visitors per day. (a) What is the probability that the web site has fewer than 5 million visitors in a single day? If needed, round your answer to four decimal digits. (b) What is the probability that the web site has 3 million or more...
Assume that the traffic to the web site of Smiley’s People, Inc., which sells customized T-shirts, follows a normal distribution, with a mean of 4.48 million visitors per day and a standard deviation of 820,000 visitors per day. (a) What is the probability that the web site has fewer than 5 million visitors in a single day? If needed, round your answer to four decimal digits. (b) What is the probability that the web site has 3 million or more...
Assume that the traffic to the web site of Smiley’s People, Inc., which sells customized T-shirts, follows a normal distribution, with a mean of 4.44 million visitors per day and a standard deviation of 740,000 visitors per day. (a) What is the probability that the web site has fewer than 5 million visitors in a single day? If needed, round your answer to four decimal digits. (b) What is the probability that the web site has 3 million or more visitors in...
eBook Assume that the traffic to the web site of Smiley's People, Inc., which sells customized T-shirts, follows a normal distribution, with a mean of 4.58 million visitors per day and a standard deviation of 900,000 visitors per day. (a) What is the probability that the web site has fewer than 5 million visitors in a single day? If needed, round your answer to four decimal digits. (b) What is the probability that the web site has 3 million or...
please show work!
An e-commerce Web site claims that 6% of people who visit the site make a purchase. Complete parts a through e below based on a random sampe of 15 peopke who visited the Web site a. What is the probability that none of the people will make a purchase? The probability is (Round to four decimal places as needed.) b. What is the probability that less than 3 people will make a purchase? The probability is (Round...
please answer all parts!!
A web site experiences traffic during normal working hours at a rate of fifteen visits per hour. Assume that the duration between visits has the exponential distribution (a) Find the probability that the duration between two successive visits to the web site is more than ten minutes. (Round your answer to four decimal places.) 00821 b) The top 25% f durations between visits are at least how long? (Round your answer to two decimal places. 1.15...
the number of hamburgers A fast-food restaurant sells take-home hamburgers. It is measured that sold per day follows a normal distribution with mean 150 and standard deviation 30. a. What is the probability that the restaurant sells more than 160 hamburgers in a day? b. What is the probability that the restaurant sells between 130 and 160 hamburgers in a day? c. The probability is 0.1 that the restaurant sells less than how many hamburgers in a day?
Suppose now that the daily demand for the t-shirts is not deterministic. It is random with mean 2 and standard deviation 0.5. In addition, the lead time (the time it takes for an order to arrive at the store) is also random. Specifically, the mean lead time is six days and the standard deviation for the lead time is 1 day. The store uses an (s, Q) type inventory control policy. It sets the order quantity using the EOQ formula...
Historical data show that customers who download music from a popular Web service spend approximately $23 per month, with a standard deviation of $4. Assume the spending follows the normal probability distribution. Find the probability that a customer will spend at least $20 per month. How much (or more) do the top 6% of customers spend? What is the probability that a customer will spend at least $20 per month? _______(Round to four decimal places as needed.) How much do...
The following table contains the probability distribution for the number of traffic accidents daily in a smal town. Complete parts (a) and (b) to the right. a. Compute the mean number of accidents per day. Number of Accidents Px) (Type an integer or a decimal.) Daily (X) 0.22 0.25 0.21 0.11 0.09 0.07 0.05 b. Compute the standard deviation. (Type an integer or decimal rounded to three decimal places as needed.)