In: Statistics and Probability
A hotel in Saint Augustine books an average of 50 rooms per night. There is a standard deviation of 10 rooms per night. What is the probability that...
a) more than 50 rooms are booked on a given night?
b) between 50 and 60 rooms are booked on a given night?
c) 60 rooms or less are booked on a given night?
d) between 30 and 70 rooms are booked on a given night?
e) less than 40 rooms are booked on a given night?
Given:
= 50 rooms per night, = 10 rooms per night
Let X be the number of rooms booked per night
X follows Normal distribution.
Then, According to the Central Limit Theorem
a)
Find: P(X > 50)
P(X > 50) = P(Z > 0)
P(X > 50) = 1 - P(Z < 0)
P(X > 50) = 1 - 0.5 .....................Using standard Normal table
P(X > 50) = 0.5
b)
Find: P(50 < X < 60)
P(50 < X < 60) = P(0 < Z < 1)
P(50 < X < 60) = P(Z < 1) - P(Z < 0)
P(50 < X < 60) = 0.8413 - 0.5 .....................Using standard Normal table
P(50 < X < 60) = 0.3413
C)
Find: P(X < 60)
P(X < 60) = P(Z < 1)
P(X < 60) = 0.8413 .....................Using standard Normal table
D)
Find: P(30 < X < 70)
P(30 < X < 70) = P(-2 < Z < 2)
P(30 < X < 70) = P(Z < 2) - P(Z < -2)
P(30 < X < 70) = 0.9772 - 0.0228 .....................Using standard Normal table
P(30 < X < 70) = 0.9545
e)
Find: P(X < 40)
P(X < 40) = P(Z < -1)
P(X < 40) = 0.1587 .............................Using standard Normal Table