A server in a restaurant rates his chances at getting a tip from a customer as s

Question

A server in a restaurant rates his chances at getting a tip from a customer as shown in the table. Tip $0 $1 $2 $5 Chance 20% 30% 40% 10% the sum of the tips that the server receives from 8 customers (each tipping independently) is $15 or more. Your model should identify of each of the following: Simulation Component: Possible Outcomes: Simulation Assignment: Simulation Trial: Response Variable: b. Set your calculator?s random seed to 0 (0 STO MATH PRB I :rand ENTER) and list the results for 20 trials. c. What does the simulation in Part b) estimate as the chance that the server receives $15 or more from 8 customers?

Explanation / Answer

Simulation Component: TIP amount

Possible Outcomes: 0 , 1 , 2 , 5

Simulation Assignment: The chances are 0.2, 0.3, 0.4, 0.1

Simulation Trial: Every set of 8 customer

Response Variable: Total tip from 8 customers

b)

The simulation brings the result that the probability of getting a tip more than 15 dollars from 8 customers = 60% or .0.6

Hopr this helps

Sampling Trial 1 Trial 2 Trial 3 Trial 4 Trial 5 Trial 6 Trial 7 Trial 8 Trial 9 Trial 10 Trial 11 Trial 12 Trial 13 Trial 14 Trial 15 Trial 16 Trial 17 Trial 18 Trial 19 Trial 20 0 2 2 5 0 1 5 5 0 1 1 1 1 5 0 2 1 5 2 0 0 0 2 5 2 5 5 2 2 2 0 5 0 5 0 0 2 5 5 5 0 1 5 1 1 1 1 1 0 2 5 5 1 0 2 5 0 2 1 1 1 0 1 1 5 5 0 2 5 5 2 2 5 0 2 0 1 5 2 5 0 1 0 1 5 0 2 0 5 5 1 5 0 0 2 0 2 5 1 5 1 2 2 5 0 0 0 1 1 5 2 1 5 2 0 2 1 0 1 5 0 1 2 5 1 2 0 5 2 0 1 2 1 2 0 1 2 2 0 0 2 5 1 5 5 5 5 2 5 1 5 5 1 2 0 1 5 1 0 2 Sum 4 12 15 28 19 19 18 18 20 21 17 26 14 16 6 11 14 25 12 23 Tip > 15 12 Total cases 20 Probability 0.6

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.