An outlet store receives a shipment of sets of bunk beds that will be offered at a discounted price of $160 apiece. The sets of
2 answers:
The percentage of discount of the set is 20.21%.
Step-by-step explanation:
Given,
The original price of the set = $193
After discount the price of the set = $160
The amount of discount = $193-$160 = $ 39
To find the percentage of discount.
Formula
The discount price = [(The amount of discount)÷ the original price]×100%
Now,
The percentage of discount is
= ×100% = 20.21% (approx)
Hence,
The percentage of discount is 20.21%.
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Answer:
a) 0.9959 = 99.59% probability that the mean weight is less than 9.3 ounces
b) 0.0129 = 1.29% probability that the mean weight is more than 9.0 ounces
Step-by-step explanation:
To solve this question, we need to understand the normal probability distribution and the central limit theorem.
Normal Probability Distribution:
Problems of normal distributions can be solved using the z-score formula.
In a set with mean and standard deviation
, the zscore of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
Central Limit Theorem
The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean and standard deviation
, the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean
and standard deviation
.
For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.
Mean of 8.0 ounces and a standard deviation of 1.1 ounces.
This means that
(a) If 5 potatoes are randomly selected, find the probability that the mean weight is less than 9.3 ounces?
means that
This probability is the pvalue of Z when X = 9.3. So
By the Central Limit Theorem
has a pvalue of 0.9959
0.9959 = 99.59% probability that the mean weight is less than 9.3 ounces
(b) If 6 potatoes are randomly selected, find the probability that the mean weight is more than 9.0 ounces?
means that
This probability is 1 subtracted by the pvalue of Z when X = 9. So
has a pvalue of 0.9871
1 - 0.9871 = 0.0129
0.0129 = 1.29% probability that the mean weight is more than 9.0 ounces