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Author Question: The number of no-shows for dinner reservations at the Cottonwood Grille is a discrete random ... (Read 41 times)

jon_i

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on: Jun 24, 2018
The number of no-shows for dinner reservations at the Cottonwood Grille is a discrete random variable with the following probability distribution:
 
  No-shows Probability
  0 0.30
  1 0.20
  2 0.20
  3 0.15
  4 0.15
 
  Based on this information, the most likely number of no-shows on any given day is 0 customers.
   Indicate whether the statement is true or false

Question 2

The Chamber of Commerce in a large Midwestern city has stated that 70 percent of all business owners in the city favor increasing the downtown parking fees. The city council has commissioned a random sample of n = 100 business owners.
 
  Of these, 63 said that they favor increasing the parking fees. What is the probability of 63 or fewer favoring the idea if the Chamber's claim is correct?A) Approximately 0.0630
  B) About 0.4370
  C) Nearly 0.20
  D) About 0.9370


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amit

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

A


jon_i

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Reply 2 on: Jun 24, 2018
Excellent

olderstudent

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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