(Answered) In pawnee indiana the price of a pound of bacon x varies

Statistics

In Pawnee, Indiana, the price of a pound of bacon, X, varies from day to day according to a normal distribution with mean of $4.12 and a standard deviation of $0.16. The price of a dozen eggs, Y , also varies from day to day according to a normal distribution with a mean of $1.94 and a standard deviation $0.06. Assume the prices of a pound of bacon and a dozen eggs are independent.

(a) Find the probability that on a given day, the price of a pound of bacon is more than twice as expensive as a dozen eggs. That is, find P(X > 2Y ).

(b) Ron Swanson needs to cook himself breakfast, so he buys 9 pounds of bacon and 7 dozen eggs. Find the probability that he paid more than $50.

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92514250
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

Recent test scores on the law school admission test lsat

Recent test scores on the Law School Admission Test (LSAT) are normally distributed with a mean of 162.4 and a standard deviation of 15.9. What is the probability that the mean of 12 randomly selected scores is less than ...

A normal distribution has a mean equal tonbsp45 what is the

A normal distribution has a mean equal to 45. What is the standard deviation of this normal distribution if 2.5% of the proportion under the curve lies to the right of x = 52.84? (Round your answer to two decimal plac ...

1 out-of-state tuition and fees at the top graduate

1. Out-of-state tuition and fees at the top graduate schools of business can be very expensive, but the starting salary and bonus paid to graduates from many of these schools can be substantial. The following data show t ...

Out ofnbsp350nbspapplicants for a jobnbsp158nbspare female

Out of 350 applicants for a job, 158 are female and 66 are female and have a graduate degree. Step 1 of 2: What is the probability that a randomly chosen applicant has a graduate degree, given that they are female? Expr ...

Annbspe-commerce web site claims thatnbsp8nbspof people who

An? e-commerce Web site claims that 8?% of people who visit the site make a purchase. Complete parts a through e below based on a random sample of 15 people who visited the Web site. a. What is the probability that none ...

Please show all worka pair of dice is tossed and the face

Please show all work. A pair of dice is tossed and the face number of each die is recorded. Assuming the dice are fair, what's the probability of the sum of the die faces showing is even?

Thirty-eight percent of consumers prefer to purchase

Thirty-eight percent of consumers prefer to purchase electronics online. You randomly select 16 consumers. Find the probability that the number who prefer to purchase electronics online is at most 5.

Rework problem 25 from section 41 of your text involving a

Rework problem 25 from section 4.1 of your text involving a car saleswoman. Assume that showing a car is a Bernoulli trial, and each time she shows a car, there is a probability of 0.05 that the customer will buy the car ...

Consider the following cash flowsyear cash flow0 -59001

Consider the following cash flows: Year Cash Flow 0 -$5,900 1 2,000 2 2,700 3 1,500 4 900 What is the payback period for the above set of cash flows? In years

An important part of the customer service responsibilities

An important part of the customer service responsibilities of a cable company relates to the speed with which trouble in service can be repaired. Historically, the data show that the likelihood is 0.75 that troubles in a ...

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

Recent Questions

Ask Statistics and Probability Expert