Calculate the value of Q2 for the data given below:

Below you are given information on crime

statistics for Middletown.

The

Zagat Restaurant Survey provides food, decor, and service ratings for some of

the top

restaurants

across the United States. For 15 restaurants located in Boston, the average

price

of a

dinner, including one drink and tip, was $48.60. You are leaving for a business

trip to

Boston

and will eat dinner at three of these restaurants. Your company will reimburse

you

for a

maximum of $50 per dinner. Business associates familiar with these restaurants

have

told

you that the meal cost at one-third of these restaurants will exceed $50.

Suppose that

you

randomly select three of these restaurants for dinner.

What

is the probability that none of the meals will exceed the cost covered by your

company?

Suppose 22 major computer companies operating in India and out of that 12 are located

in North India. If three computer companies are selected randomly from the the entire list, what is the probability that  one or more of the selected companies are

located in North India?

Calculate the value of Q1 for the data given below

There is a small hotel

at Lansdowne, a small hill station in Uttarakhand, having 9 rooms. The hotel

has no facility for room heating in winters. Many guests coming in winters ask

the hotel management to provide room heaters. The hotel management plans to offer

room heaters to the room occupants on extra payment of Rs. 200 for a room.

Based on feedback forms filled by old customers, the management calculates that

about 35% of his customers would be willing to rent a room heater.

The management obtain four-room

heaters on rent of Rs. 20 per day per heater and the electricity charges are

Rs.100 per day per heater.  

At 100% occupancy,

obtain the expected profit per day to the hotel through room heaters during

winters.