Find the probability that a customer has been shopping


Problem

In a survey at a shopping center, the interviewer asks customers how long their shopping trips have lasted so far. The response (T) given by a randomly chosen customer is uniformly distributed from 0 to 1.5 hours.

a. Find the probability that a customer has been shopping for 36 minutes or less.

b. The interviewer surveys 18 customers at different times. Find the probability that more than one-half of these customers say that they have been shopping for 36 minutes or less.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Request for Solution File

Ask an Expert for Answer!!
Econometrics: Find the probability that a customer has been shopping
Reference No:- TGS02128503

Expected delivery within 24 Hours