Question

In: Math

Teleconferences, electronic mail, and word processors are among the tools that can reduce the length of...

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?

Solutions

Expert Solution

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


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