The amount of money spent weekly on cleaning, maintenance, and repairs at a large restaurant was observed over a long period of time to be approximately normally distributed, with mean μ = $633 and standard deviation σ = $45.

Required:
a. If $646 is budgeted for next week, what is the probability that the actual costs will exceed the budgeted amount?
b. How much should be budgeted for weekly repairs, cleaning, and maintenance so that the probability that the budgeted amount will be exceeded in a given week is only 0.16? (Round your answer to the nearest dollar.)

Answers

Answer 1

Answer:

a) 0.4121

b) $588

Step-by-step explanation:

Mean μ = $633

Standard deviation σ = $45.

Required:

a. If $646 is budgeted for next week, what is the probability that the actual costs will exceed the budgeted amount?

We solve using z score formula

= z = (x-μ)/σ, where

x is the raw score

μ is the population mean

σ is the population standard deviation.

For x = $646

z = 646 - 633/45

z = 0.22222

Probability value from Z-Table:

P(x<646) = 0.58793

P(x>646) = 1 - P(x<646) = 0.41207

≈ 0.4121

b. How much should be budgeted for weekly repairs, cleaning, and maintenance so that the probability that the budgeted amount will be exceeded in a given week is only 0.16? (Round your answer to the nearest dollar.)

Converting 0.16 to percentage = 0.16 × 100% = 16%

The z score of 16%

= -0.994

We are to find x

Using z score formula

z = (x-μ)/σ

-0.994 = x - 633/45

Cross Multiply

-0.994 × 45 = x - 633

-44.73 = x - 633

x = -44.73 + 633

x = $588.27

Approximately to the nearest dollar, the amount should be budgeted for weekly repairs, cleaning, and maintenance so that the probability that the budgeted amount will be exceeded in a given week is only 0.16

is $588


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Answers

Answer:

a) Equation for Snow Dome Ski Resort:

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Equation for Mt. Winterpark Ski Resort:

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Step-by-step explanation:

Given that:

Initial snow at Snow Dome Ski Resort = 65 inches

Snowing rate at Snow Dome Ski Resort = 1 inch per hour

Initial snow at Mt. Winterpark Ski Resort = 74 inches

Initial snow at Mt. Winterpark Ski Resort = [tex]\frac{1}{2}[/tex] inch per hour

a) To write equations that show amount of snow at each resort.

Let the time in hours be represented by [tex]t[/tex].

Snow increased in [tex]t[/tex] hours by snowing at Snow Dome Ski Resort = [tex]1\times t = t[/tex] inches per hour

Snow increased in [tex]t[/tex] hours by snowing at Mt. Winterpark Ski Resort = [tex]\frac{1}{2}\times t = \frac{t}{2}[/tex] inches per hour

Equation for Snow Dome Ski Resort:

[tex]I_s = 65+t[/tex]

Equation for Mt. Winterpark Ski Resort:

[tex]I_m = 74+\frac{t}{2}[/tex]

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Step-by-step explanation:

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Step-by-step explanation:

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Step-by-step explanation:

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Answers

Answer:

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Answers

Answer:

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Answers

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Step-by-step explanation:

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Step-by-step explanation:

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Answers

Answer:

She got home at 12:35 P.M.

Step-by-step explanation:

She got to the library at 10:30 am.

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Answers

Answer:

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Step-by-step explanation:

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Answers

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Answers

Answer (let x be the number):

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I hope this helps!

The number in the equation 5n - 40 + 8 = n is 8.

What is a numerical expression ?

A numerical expression is formed by numbers and their operation.A numerical expression can also be constructed from given statements.

We can also construct numerical expression form real life scenarios.

According to to the question statement 40 subtracted from five times a number is 8 more than the number and we have to form an numerical expression.

Let the number be 'n'.

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5n - n = 40 - 8.

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