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gizmo_the_mogwai [7]
3 years ago
9

The manager of a grocery store wants to determine the average amount of money spent at his store as it compares to the average d

ollar amount spent at his competitor's store. At the end of the day, he reviews the amounts of the last 15 grocery orders. The amounts rounded to the nearest dollar are: 41, 38, 19, 30, 21, 53, 34, 34, 37, 29, 50, 43, 57, 28, 50 He then visits the store of his competitor and surveys the first 15 people leaving the store with groceries. The amounts he records, also rounded to the nearest dollar, are: 86, 15, 75, 40, 51, 60, 27, 45, 112, 7, 65, 31, 18, 27, 69 What is the average amount of money spent at each store to the nearest cent? For which store is the mean a better representation of the data? In two or more complete sentences, explain your answer.
Mathematics
1 answer:
LuckyWell [14K]3 years ago
3 0
The average money spent would be 74.62
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The brand name of Mrs. Fields (cookies) has a 90% recognition rate. If Mrs. fields herself wants to verify that rate by beginnin
Schach [20]

Answer:

0.3874 = 38.74% probability that exactly 9 of the 10 consumers recognize her brand name.

0.6126 = 61.26% probability that the number who recognize her brand name is not nine.

Step-by-step explanation:

For each consumer, there are only two possible outcomes. Either they recognize the name, or they do not. The probability of a customer recognizing the name is independent of anu other customer. This means that the binomial probability distribution is used to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

In which C_{n,x} is the number of different combinations of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

And p is the probability of X happening.

The brand name of Mrs. Fields (cookies) has a 90% recognition rate.

This means that p = 0.9.

Sample of 10

This means that n = 10

Find the probability that exactly 9 of the 10 consumers recognize her brand name.

This is P(X = 9). So

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 9) = C_{10,9}.(0.9)^{9}.(0.1)^{1} = 0.3874

0.3874 = 38.74% probability that exactly 9 of the 10 consumers recognize her brand name.

Also, find the probability that the number who recognize her brand name is not nine.

1(100%) subtracted by those who recognize. So

1 - 0.3874 = 0.6126

0.6126 = 61.26% probability that the number who recognize her brand name is not nine.

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Answer:

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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