(Answered) Question the impact of a television commercial measured in

Statistics

Question: The impact of a television commercial, measured in terms of excess sales volume over a given period, is believed to be approximately normally distributed with mean 50,000 and variance 9,000,000. Find 0.99 probability bounds on the volume of excess sales that would result from a given airing of the commercial.

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92511884
Price:- $15

Verified Expert

Priced at $30 Now at $15, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

What is the theory behind callable bonds and when are they

What is the theory behind callable bonds and when are they most likely to be called?

What is the minimum cash flow that could be received at the

What is the minimum cash flow that could be received at the end of year three to make the following project "acceptable?" Initial cost = $63,000; cash flows at end of years one and two = $35,000; opportunity cost of capi ...

You work for a firm that manufactures dvd players your dvd

You work for a firm that manufactures DVD players. Your DVD players last an average of 800 days with a standard deviation of 200 days. You want to set the warranty length such that you only have to replace 1.5% of all th ...

If net income in 2012 956 and if the following changes

If net income in 2012 = $956, and if the following changes occur between 2011 and 2012, compute Net Cash Flow from Operating Activities for 2012: Accounts receivable change from $157 to $237 Gross fixed assets change fro ...

A city of flies has a population that doubles once every

A city of flies has a population that doubles once every day. The flies go extinct from overpopulation on the 30th day. On which day was the fly population halfway from extinction?

1 assume that the international average homicide

1) Assume that the international average homicide victimization rate is 2.92 (per 100,000). In a sample of 24 industrialized nations, LaFree and Drass (2002) found that the mean homicide victimization rate was 1.49 (per ...

Calculating project ocfsummer time inc is considering a new

Calculating Project OCF. Summer Time, Inc. is considering a new 3-year project that requires an initial fixed asset investment of 3.9 million. The fixed asset will be depreciated straight line to zero over its three-year ...

The number of phone calls that arrive at a phone exchange

The number of phone calls that arrive at a phone exchange is often modeled as a Poisson random variable. Assume that on average there are 7 calls per hour. Show all work. a) Find the probability that there are exactly f ...

You are lost on the mythy island in the summer when

You are lost on the Mythy Island in the summer, when tourists are two-thirds of the population. If you ask a tourist for direction the answer is correct with probability ¾; answers to repeated questions are independent e ...

A sample of 184 randomly selected students found that the

A sample of 184 randomly selected students, found that the proportion of students planning to travel home for Thanksgiving is 0.69. What is the standard deviation of the sampling deviation?

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