More tips The waiter in Exercise 13 usually waits on about 40 parties over a weekend of work.  a) Estimate the probability that he will earn at least $500 in tips.  b) How much does he earn on the...


More tips The waiter in Exercise 13 usually waits on about 40 parties over a weekend of work.


 a) Estimate the probability that he will earn at least $500 in tips.


 b) How much does he earn on the best 10% of such weekends?


13.  Tips A waiter believes the distribution of his tips has a model that is slightly skewed to the right, with a mean of $9.60 and a standard deviation of $5.40.


a) Explain why you cannot determine the probability that a given party will tip him at least $20.


b) Can you estimate the probability that the next 4 parties will tip an average of at least $15? Explain.


c) Is it likely that his 10 parties today will tip an average of at least $15? Explain



May 05, 2022
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