Ask Question
19 August, 04:37

Akron Cinema sells an average of 500 tickets on Mondays, with a standard deviation of 50 tickets. If a simple random sample is taken of the mean amount of ticket sales from 30 Mondays in a year, what is the probability that the mean will be greater than 510?

+3
Answers (2)
  1. 19 August, 05:09
    0
    the correct answer is 0.1366
  2. 19 August, 05:12
    0
    Step-by-step explanation:

    Assuming the number of tickets sales from Mondays is normally distributed. the formula for normal distribution would be applied. It is expressed as

    z = (x - u) / s

    Where

    x = ticket sales from monday

    u = mean amount of ticket

    s = standard deviation

    From the information given,

    u = 500 tickets

    s = 50 tickets

    We want to find the probability that the mean will be greater than 510. It is expressed as

    P (x greater than 510) = 1 - P (x lesser than or equal to 510)

    For x = 510

    z = (510 - 500) / 50 = 0.2

    Looking at the normal distribution table, the probability corresponding to the z score is 0.9773

    P (x greater than 510) = 1 - 0.9773 = 0.0227
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Akron Cinema sells an average of 500 tickets on Mondays, with a standard deviation of 50 tickets. If a simple random sample is taken of the ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers