A few days ago
I need help with my stats homework!!!!!!!?
Conde Nast Traveler publishes a Gold List of the top hotels all over the world. The Broadmoor Hotel in Colorado Springs contains 700 rooms and is on the 2004 Gold List (Conde Nast Traveler, January 2004). Suppose Broadmoor’s marketing group forecasts a demand of 670 rooms for the coming weekend (or the expected demand is 670 rooms). Assume that demand for the upcoming weekend is normally distributed with a standard deviation of 50.
a. Compute the demand such that the area in the upper tail of the normal distribution to right of this value is 5%.
b. What is the probability that all the hotel’s rooms will be rented.
c. What is the probability that 90 or more rooms will not be rented.
Top 5 Answers
A few days ago
Favorite Answer
write all the percents down, then convert them into decimals. a chart will also help. im not going to do it for you
1
A few days ago
Do your homework before 8:00 on Sunday Night!
0
A few days ago
Boy I’m glad I don’t have to do this stuff any more!
1
A few days ago
the question is if you want help with it, or do you want us to do it.
0
A few days ago
DONT CHEAT!!!!!!!!!
0
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