Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

A restaurant serves hot chocolate that has a mean temperature of 175 degrees with a standard deviation of 8.1 degrees. Find the probability that a randomly selected cup of hot chocolate would have a temperature of less than 161 degrees. Would this outcome warrant a replacement cup (meaning that it would be unusual)?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M93127287
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

1 suppose you purchase anbsp10-year bond with 64annual

1) Suppose you purchase a 10-year bond with 6.4%annual coupons. You hold the bond for four years, and sell it immediately after receiving the fourth coupon. If the bond's yield to maturity was 5.4% when you purchased and ...

How does a histogram help us know the probability of

How does a histogram help us know the probability of getting a certain value for a variable? In other words how does the histogram relate to probability?

Letnbspxbar6nbspdenote the sample mean of a

Let  X(bar) 6  denote the sample mean of a sample  X 1 ,  X 2 , ...,  X 6  from  Unif  (-1, 3). (a) What is the expected value of  X(bar) 6 ? (b) What is the variance of  X(bar) 6 ?

Are there more children diagnosed with autism spectrum

Are there more children diagnosed with Autism Spectrum Disorder (ASD) in states that have larger urban areas over states that are mostly rural? In the state of Pennsylvania, a fairly urban state, there are 245 eight year ...

You are considering an investment in a 40-year security the

You are considering an investment in a 40-year security. The security will pay $25 a year at the end of each of the first three years. The security will then pay $30 a year at the end of each of the next 20 years. The no ...

According to bottledwaterorg per capita consumption of

According to bottledwater.org, per capita consumption of bottled water in the U.S. in 2012 was reported to be 30.8 gallons. Assume that the amount of bottled water consumed per person is Normally distributed with mean 30 ...

A survey found that people keep their televisions an

A survey found that people keep their televisions an average of 5.8 years. The standard deviation is 0.76 year. If a person decides to buy a new TV, find the probability that he or she owned the old one for the given amo ...

A student recieves the grades shown below with an a worth 4

A student recieves the grades shown below, with an A worth 4 points, a B worth 3 points, a C worth 2 points, and a D worth 1 point. What is the students grade point average? A in 1 four - credit classes C in 1 three - cr ...

A company is trying to beat the competition to market with

A company is trying to beat the competition to market with a product. They have determined that if they get to market prior to November 1 they will have a revenue stream of $800,000. If they get to market between Novembe ...

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As