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Paraphin [41]
3 years ago
13

Use the Central Limit Theorem to find a mean given a probability Question A video game company sells an average of 132 games a m

onth, with a standard deviation of 9 games. The company is looking to reward stores that are selling in the top 7%. How many video games must a store sell in order to be eligible for a reward if the company is only looking at 36 of their stores. Use the 2-table below: z 0.00 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0.09 1.1 0.864 0.867 0.869 0.871 0.873 0.875 0.877 0.879 0.881 0.883 1.2 0.885 0.887 0.889 0.891 0.893 0.894 0.896 0.898 0.900 0.901 1.3 0.9030.905 0.9070.908 0.910 0.911 0.913 0.915 0.9160.918 1.4 0.919 0.921 0.922 0.924 0.925 0.926 0.928 0.929 0.931 0.932 1.5 0.933 0.934 0.936 0.937 0.938 0.939 0.941 0.942 0.943 0.944 1.6 0.945 0.946 0.947 0.948 0.949 0.951 0.952 0.953 0.954 0.954
Round the z.score and a to two decimal places. Round up to the nearest whole number.
Mathematics
1 answer:
aev [14]3 years ago
5 0

Answer:

The number of games must a store sell in order to be eligible for a reward is 135.

Step-by-step explanation:

Let the random variable <em>X</em> represent the number of video games sold in a month by the sores.

The random variable <em>X</em> has a mean of, <em>μ</em> = 132 and a standard deviation of, <em>σ</em> = 9.

It is provided that the company is looking to reward stores that are selling in the top 7%.

That is, P (\bar X > \bar x) = 0.07.

The <em>z</em>-score related to this probability is, <em>z</em> = 1.48.

Compute the number of games must a store sell in order to be eligible for a reward as follows:

z=\frac{\bar x-\mu}{\sigma/\sqrt{n}}

\bar x=\mu+z\cdot \sigma/\sqrt{n}

   =132+1.48\times (9/\sqrt{36})\\\\=132+2.22\\\\=134.22\\\\\approx 135

Thus, the number of games must a store sell in order to be eligible for a reward is 135.

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Step-by-step explanation:

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Identify the conclusion in a hypothesis test of the following claim and sample data:
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Step-by-step explanation:

Firstly, we set up the null and alternative hypothesis as follows;

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Next step is to calculate the test statistic z

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2. For the second question, asking which number being substituted for n makes the equation true, isolate n in the equation to find what it equals. To do this, subtract 95 from both sides.
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3. The inequality is a bit more complicated since it says less than $5 per week. The way I'd do it would get some kind of answer but because I haven't done inequalities like this in a while, I unfortunately can't help you with this part. I can say, however, that it more than likely has something to do with being between two values, but I'm not sure. Sorry for the inconvenience.
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