In: Math
Teleconferences, electronic mail, and word processors are among
the tools that can
reduce the length of business meetings. A recent survey indicated
that the percentage
reduction y in time spent by business professionals in meetings due
to an automated office
equipment is approximately normally distributed with mean equal to
15% and standard
deviation equal to 4%.
a. what proportion of all business professionals with access to
automated office equipment
have reduced their time in meetings by more than 22%
a. what proportion of all business professionals with access to
automated office equipment
have reduced their time in meetings by 10 % or less?
Let y: time spent by business professionals in meeting due to automated office equipment is approximately normal with mean % and standard deviation %.
a) The proportion of all business professionals with access to automated office equipment have reduced their time in meetings by more than 22% that is P(Y > 22%)
Convert y into z score, the formula of z score is
That is P(Y > 22%) becomes P(Z > 1.75)
The probability for z = 1.75 using standard normal table is 0.9599
but the table provides the less than probability, to find more than just subtract it from 1
1 - 0.9599 = 0.0401
Therefore, the proportion of all business professionals with
access to automated office equipment
have reduced their time in meetings by more than 22% is
0.0401
b. The proportion of all business professionals
with access to automated office equipment
have reduced their time in meetings by 10 % or less that is
Convert Y = 10% into z score,
becomes
The probability using the standard normal table for z = -1.25 is 0.1057
Therefore, the proportion of all business professionals with
access to automated office equipment
have reduced their time in meetings by 10 % or less is
0.1057