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PilotLPTM [1.2K]
3 years ago
12

A bank manager wanted to​ double-check her claim that recent process improvements have reduced customer wait times to an average

of 2.9 ​minutes, with a standard deviation of 0.8 minutes. To test​ this, she randomly sampled 25 customers and recorded their wait times. The average wait time of the customers in the sample was 3.3 minutes. Assuming the claim about wait time is​ true, what is the probability that a random sample of n = 25 customers would have a sample mean as large as or greater than 3.3 ​minutes? What should the manager conclude about her​ claim? ​
Mathematics
1 answer:
mojhsa [17]3 years ago
4 0

Answer:

the manager claim is therefore rejected.

Step-by-step explanation:

To ascertain the manager claim, we use the normal distribution curve.

z= (x − x')/ σ

, where

z is called the normal standard variate,

x is  the value of the variable, =2.9

x' is the mean value of  the distribution =3.3

σ is the standard deviation  of the distribution= 0.8

so, z= (2.9 − 3.3)/ 0.8 = -0.5

Using  a table of normal distribution to check the partial areas beneath the standardized  normal curve,  a z-value of −0.5  corresponds to an area of 0.1915 between the mean  value.The negative  z-value shows that it lies to the left of the z=0  ordinate.

The total area under the standardized normal curve  is unity and since the curve is symmetrical, it follows  that the total area to the left of the z=0 ordinate is  0.5000. Thus the area to the left of the z=−0.5 ordinate is 0.5000−0.1915 = 0.3085 of the  total area of the curve.

therefore, the probability of the average wait time greater than or equal to 3.3 minutes is 0.3085.

For a group of 25 customers, 25×0.3085 = 7.7, i.e. 8 customers only experience the improvement in wait time.

the manager claim is therefore rejected.

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Answer:

First we write y and its derivatives as power series:

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Next, plug into differential equation:

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Move constants inside of summations:

∑n=2∞x⋅n(n−1)anxn−2+∑n=2∞2⋅n(n−1)anxn−2+∑n=1∞x⋅nanxn−1−∑n=0∞anxn=0

∑n=2∞n(n−1)anxn−1+∑n=2∞2n(n−1)anxn−2+∑n=1∞nanxn−∑n=0∞anxn=0

Change limits so that the exponents for  x  are the same in each summation:

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Pull out any terms from sums, so that each sum starts at same lower limit  (n=1)

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Combine all sums into a single sum:

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Now we must set each coefficient, including constant term  =0 :

4a2−a0=0⟹4a2=a0

2(n+2)(n+1)an+2+(n+1)nan+1+(n−1)an=0

We would usually let  a0  and  a1  be arbitrary constants. Then all other constants can be expressed in terms of these two constants, giving us two linearly independent solutions. However, since  a0=4a2 , I’ll choose  a1  and  a2  as the two arbitrary constants. We can still express all other constants in terms of  a1  and/or  a2 .

an+2=−(n+1)nan+1+(n−1)an2(n+2)(n+1)

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We see a pattern emerging here:

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This can be proven by mathematical induction. In fact, this is true for all  n≥0 , except for  n=1 , since  a1  is an arbitrary constant independent of  a0  (and therefore independent of  a2 ).

Plugging back into original power series for  y , we get:

y=a0+a1x+a2x2+a3x3+a4x4+a5x5+⋯

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y=a1x+a2(4+x2−13!x3+04!x4+15!x5−⋯)

Notice that the expression following constant  a2  is  =4+  a power series (starting at  n=2 ). However, if we had the appropriate  x -term, we would have a power series starting at  n=0 . Since the other independent solution is simply  y1=x,  then we can let  a1=c1−3c2,   a2=c2 , and we get:

y=(c1−3c2)x+c2(4+x2−13!x3+04!x4+15!x5−⋯)

y=c1x+c2(4−3x+x2−13!x3+04!x4+15!x5−⋯)

y=c1x+c2(−0−40!+0−31!x−2−42!x2+3−43!x3−4−44!x4+5−45!x5−⋯)

y=c1x+c2∑n=0∞(−1)n+1n−4n!xn

Learn more about constants here:

brainly.com/question/11443401

#SPJ4

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