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Question 104
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4. A local theater chain with multiple theaters is tracking the daily ticket sales of all theaters. Suppose that X is the daily sale of one theater and it is normally distributed with X~ N(μ, o²) and that each theater is far away from each other so that the sales of each theater X, are i.i.d. (15 points) a. Suppose μ = 200, o² = 400, what's the probability that one theater X, will be within 25 tickets of the mean? b. Let X be the mean daily ticket sales among n theaters and suppose o2 = 400. How many theaters would the owner of the theater chain have to have in order for the probability to be at least 0.9 that X is within 15 ticket sales of μ? c. Suppose the owner of the theater chain has 10 theaters with μ = 200, o² = 400, and for each ticket sale, it can generate a profit of 10, 050?pls show detailed work so i can learn how to do it on my test
  1. 4. A local theater chain with multiple theaters is tracking the daily ticket sales of all theaters. Suppose thatX is the daily sale of one theater and it is normally distributed with X~ N,and that each theater is far away from each other so that the sales of each theater Xare i.i.d.(15points)
  2. a.Suppose =200,=400,what's the probability that one theater Xwill be within 25 tickets of the mean?
  3. b.Let X be the mean daily ticket sales among n theaters and suppose o=400.How many theaters would the owner of the theater chain have to have in order for the probability to be at least 0.9 that X is within 15 ticket sales of ?
  4. c.Suppose the owner of the theater chain has10 theaters with=200,=400,and for each ticket sale, it can generate a profit of 10,050?
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Question 120
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Texts: 1. Omakase usually refers to a longer sushi dinner ideally eaten at the sushi counter, where the chef prepares one piece of fish at a time, announces its name and origin, answers your questions, and guesses what else you might enjoy and how much more you would like to eat. Chef Soto has a small Omakase restaurant with 10 reservation slots per night. The restaurant does not accept walk-ins. Assume that each reservation is for a single customer and independent of each other. A random variable X is the number of customers with reservations that show up at the restaurant, and X has a binomial distribution. a. If the probability of a customer making the reservation not showing up is 15%, and suppose that there are 8 reservations made today, what's the probability that at least 7 customers show up at the restaurant? (Hint: what's the maximum X can reach, 8 or 10?) b. If the probability of a customer making the reservation not showing up is 15%, and suppose that there are 8 reservations made today, what's the probability that there are at least 5 empty seats at the restaurant? c. Suppose that on Sunday, the probability that a customer does not show up for the reservation is 15%; on Monday, the probability that a customer does not show up for the reservation is 10%, and two probabilities are independent of each other. In addition, suppose Chef Soto receives 10 reservations on Sunday and 10 reservations on Monday. What is the probability that the restaurant has full seats two days in a row?
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