00:01
So in this problem, we're told that the weekly demand for a brand of breakfast cereal in a grocery store is normally distributed with a mean of 800 and with a standard deviation of 75.
00:14
We then have four different questions here to answer.
00:18
So we'll start off with the first one, which asks, what is the probability that weekly demand is less than 959 boxes? so here we're finding the probability that x is less than 959.
00:31
The first thing we need to do is to find a z score for 959 using this red equation i have on the screen.
00:38
So using the equation, z is equal to x, which is 959, minus the mean, which is 800, then divided by standard deviation, which is 75.
00:49
This gives us a z score of 2 .12.
00:53
So now let's turn to our z table on the left of the screen and find 2 .12.
00:58
We go down on the left to 2 .1, over on the right to 0 .02.
01:02
And we get .9830.
01:10
So our z table always gives us what is less than what we're trying to find.
01:15
So this probability here is the probability of x being less than 959, and that's what we want, remember.
01:21
So this is our final answer.
01:23
It's about a 98 .3 % chance that the weekly demand will be less than 959 boxes.
01:33
Now for part b, part b asks us to find the probability that weekly demand, is more than 1 ,004 boxes.
01:40
So now we're finding the probability that x is greater than 1 ,004.
01:45
So now let's find a z score for 1 ,004 using the same equation.
01:50
So z is equal to x, which is now 1 ,00, minus the mean, divided by the standard deviation, and when you calculate that, you get 2 .72 as the z score.
02:02
If we find that in our table, 2 .72, we get point 7 .2.
02:11
Now remember this is the probability of x being less than 1 ,004.
02:16
So to find the probability of x being greater than 1 ,004, we have to subtract this from 1.
02:21
So we'll take 1 minus 0 .9967 and we get 0 .0033.
02:28
So there's just a 0 .33 % chance of weekly demand being greater than 1 ,004 boxes.
02:36
Part c, we're asked to find the probability weekly demand is between 650 and 950 boxes.
02:43
So we're finding the probability that x is greater than 650 and less than 950.
02:51
So now what we need to do is find a z score for both at 950 and 650.
02:57
So we'll start off with 950...