Question 6 It is time of elections in Australia! Bowen is trying to decide how many election sausages to have on hand. L

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Question 6 It Is Time Of Elections In Australia Bowen Is Trying To Decide How Many Election Sausages To Have On Hand L 1 (207.16 KiB) Viewed 9 times

Question 6 It is time of elections in Australia! Bowen is trying to decide how many election sausages to have on hand. Looking at the official data on the consumption of sausages, he knows that, on average, 38% of all those in attendance will buy an election sausage. In the voting election centre where he goes, 2700 voters are expected. How large an order should he place if he wants to have no more than a 20% chance of demand exceeding supply? Assume no one eats more than one hot dog. The variable X="the number of people buying one sausage" is a random variable, but since the number of voters is large, we can use a normal approximation, then X is approximately normally distributed with mean the number of sausages Bowen needs to prepare so that the probability that demand will outstrip his supply is approximately 20% is corresponds to the quantile of a standard normal random variable equal to and standard deviation For each of the number, write a number with three decimal places. M 5 pts Using the normal approximation which