Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

1. The completion times for a job task range from 11 minutes to 18.7 minutes and are thought to be uniformly distributed.

What is the probability that it will require between 13.2 and 17.4 minutes to perform the tas

Please specify your answer in decimal terms and round your answer to the nearest hundredth (e.g., enter 12 percent as 0.12).

2. Suppose the variable x is represented by a standard normal distribution.

What is the probability of x > -0.7?

Please specify your answer in decimal terms and round your answer to the nearest hundredth (e.g., enter 12 percent as 0.12).

3. Suppose the variable x is represented by a standard normal distribution.

What value of x is at the 40th percentile of the distribution? Equivalently, what is the value for which there is a probability of 0.40 that x will be less than that value?

Please round your answer to the nearest hundredth.

4. Major league baseball game durations are normally distributed with a mean of 170 minutes and a standard deviation of 20 minutes.

What is the probability of a game duration of fewer than 200 minutes?

Please specify your answer in decimal terms and round your answer to the nearest hundredth (e.g., enter 12 percent as 0.12).

5. Suppose the daily customer volume at a call center has a normal distribution with mean 4,400 and standard deviation 800.

What is the probability that the call center will get more than 3,700 calls in a day?

Please specify your answer in decimal terms and round your answer to the nearest hundredth (e.g., enter 12 percent as 0.12).

6. The sales department has determined that the average purchase value for their catalog business is normally distributed with a mean of $47.62 and a standard deviation of $9.02.

What is the purchase value at the 40th percentile?

Please round your answer to the nearest cent.

7. The duration of shoppers' time in BrowseWorld's new retail outlets is normally distributed with a mean of 33.1 minutes and a standard deviation of 7.6 minutes.

How long must a visit be to put a shopper in the longest 10 percent?

Please round your answer to the nearest tenth.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92808186
  • Price:- $35

Priced at Now at $35, Verified Solution

Have any Question?


Related Questions in Business Management

Discuss the kinds of employee information that managers

Discuss the kinds of employee information that managers might find to be particularly useful in a talent inventory.

Write c program using cpp file that displays the color of

Write C++ program (using .cpp file) that displays the color of the camera whose item number is entered by the user. All item numbers contain exactly seven characters. All items are available in four colors: black, green, ...

How are the needs for affiliation intimacy and power

How are the needs for affiliation, intimacy, and power similar to and different from needs for inclusion, control and affection?

What is an editorwhat is a text formattername the editors

What is an editor? What is a text formatter? Name the editors that the UNIX operating system supports. Name the vi modes. Name the keys that place the vi editor in the text input mode. Explain how the vi editor uses buff ...

Consider the ip rights to the information in the design

Consider the I.P. rights to the information in the design, manufacturing and advertising of a wireless computer modem. For those of you who are not sure what that is, if you have a WiFi network set up at home or in your ...

Stuart black states in his book that in order for leaders

Stuart Black states in his book, that in order for leaders to see real "movement" during change initiatives, people must clearly see where they are going? Please explain what he is trying to say by this.

How is vision used to confrontnbspresistance to change and

How is vision used to confront resistance to change, and move through it? How can a shared vision possibly facilitate collaboration or ultimately the successful implementation of a change initiative?

Which model is joes best choice if he is presenting a

Which model is Joe's best choice if he is presenting a speech on the contribution to holes in the ozone by cattle?

Long-term objectives are defined as the result a firm seeks

Long-term objectives are defined as the result a firm seeks to achieve over a specified period, typically five years. Any long-term objectives should be flexible, measurable over time, motivating, suitable, and understan ...

My homework question is based on the performance of all

My homework question is: Based on the performance of all individuals who tested between July 1, 2014 and June 30, 2017, the GRE Verbal Reasoning scores are normally distributed with a mean of 150.05 and a standard deviat ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As