Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

In 2008, the per capita consumption of coffee in Sweden was reported to be 18.04 pounds. Assume that the per capita consumption of coffee in Sweden is approximately distributed as a normal random variable, with a mean of 16.02 pounds and a standard deviation of 5.3 pounds.  

What is the amont of coffee consumed in 2008 of a randomly selected person in Sweden who has a Z value of 1.8? 

Hint: Answer should be accurate to 2 decimal places.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92309967
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Prior data indicates if a planter machine is operating

Prior data indicates if a planter machine is operating "properly," the length of the planter produced by the machine can be modeled as being normally distributed with a mean of 107 centimeters and a standard deviation of ...

Let x be a continuous random variable suppose that we know

Let X be a continuous random variable. Suppose that we know that Pr(X 5), and how do you know? (Hint: X is not necessarily normally distributed, but you can still consider how much area is under the curve, no matter the ...

Question i dont understand how you would test if the data

Question: I don't understand how you would test if the data shows that there is a difference between some supplies if the testing level is at 1%? Can you show me the steps of how you would test if the data shows that the ...

Dr garcia has a dream to complete a ironman triathlon the

Dr. Garcia has a dream to complete a Ironman triathlon. The race consists of a 2.4 mile swim, a 112 mile bike ride, and a marathon run of 26.2 miles. In training, Dr. Garcia estimates that he can swim at an average pace ...

Average sales for an online textbook distributor were 7467

Average sales for an online textbook distributor were $74.67 per customer per purchase. Assume the sales are normally distributed. If the standard deviation of the amount spent on a textbooks is $9.49, find these probabi ...

1 a stock market analyst is able to 1. A stock market analyst is able to

1. A stock market analyst is able to identify mis-priced stocks by comparing the average price for the last 10 days to the average price for the last 60 days. If this is true, what do you know about the market's efficien ...

What type of data values are quantitative and the number of

What type of data values are quantitative and the number of values is finite or countable?

Which of the following techniques could we use to evaluate

Which of the following techniques could we use to evaluate the effect of sales at one coffee shop versus sales at another coffee shop, so see if the two shops might be cannibalizing business from one another?

Returns on stocks x and y are listed belowperiod 1 2 3 4 5

Returns on stocks X and Y are listed below: Period 1 2 3 4 5 6 7 Stock X 4%7%-2%40%0%10%-1% Stock Y 2%-5%7%4%6%11%-4% Consider a portfolio of 10% stock X and 90% stock Y. What is the (population) standard deviation of po ...

Answer the following questions about an anova analysis

Answer the following questions about an ANOVA analysis involving three samples. a. In this ANOVA analysis, what are we trying to determine about the three populations they're taken from? b. State the null and alternate h ...

  • 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