Suppose you have a dog-walking business after school for which you charge each customer $3 per hour plus an additional $10. What
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Answer:
We have to find the equation of least squares regression line in order to find the number of ice cream cones that the shopkeeper to sell if the temperature is 106 degrees. We can use excel regression data analysis tool to find the equation of the regression line. The excel output is attached here.
The equation of the least squares regression line is:
Now, if the temperature is 106 degrees, then the number of cones expected to be sold is given below:
Therefore, the number of ice cream cones that the shopkeeper would expect to sell if the temperature is 106 degrees is 585.
Solution :
Given data :
The mean length of the steel rod = 29 centimeter (cm)
The standard deviation of a normally distributed lengths of rods = 0.07 centimeter (cm)
a). We are required to find the proportion of rod that have a length of less than 28.9 centimeter (cm).
Therefore, P(x < 28.9) = P(z < (28.9-29) / 0.07)
= P(z < -1.42)
= 0.0778
b). Any rods which is shorter than cm or longer than
cm that re discarded.
Therefore,
P (x < 24.84 or 25.16 < x) = P( -59.42 < z or -54.85)
= 1.052