You and your friend were taking turns rolling a die when you thought of a game: If a one is rolled by either player, you pay you
1 answer:
You might be interested in
Answer:
77.34% of ABM customers take more than 31 seconds to do their banking.
Step-by-step explanation:
Problems of normally distributed samples are 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.
In this problem, we have that:
What percentage of ABM customers take more than 31 seconds to do their banking?
This is 1 subtracted by the pvalue of Z when X = 31.
So
has a pvalue of 0.2266.
So 1-0.2266 = 0.7734 = 77.34% of ABM customers take more than 31 seconds to do their banking.