locality containing

locality containing  CAST STUDY  solution

Read the following case situations and answer the questions given at the end.

7. In a locality containing 18000 families a sample of 840 families was selected at random. Of these 840 families 206 families were found to have a weekly income of Rs. 500 or less. It is desired to know how many out of 18000 families have a weekly income of Rs. 500 or less. Use 3 sigma limits

8.A tour operator charges Rs. 136 per passenger for 100 passengers with a discount of Rs. 4 for every group of 10 passengers in excess of 100. Determine the number of passengers that will maximize the amount of inoney the tour operator receives. –