Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

How would I calculate this :The personnel office at a large electronics firm regularly schedules job interviews and maintains records of the interviews. From the past records, they have found that the length of a first interview is normally distributed, with mean μ = 36 minutes and standard deviation σ = 6 minutes. (Round your answers to four decimal places.) (a) What is the probability that a first interview will last 40 minutes or longer? Seven first interviews are usually scheduled per day. What is the probability that the average length of time for the seven interviews will be 40 minutes or longer?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M93127290
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

How much of the opposing side should you share in a

How much of the opposing side should you share in a presentation to a multiple-perspective audience, and what techniques would you use?

Discuss the meaning of the standard error of the estimate

Discuss the meaning of the standard error of the estimate. As you collect more data, do you expect that this standard error will increase, decrease, or stay about the same? Explain how you came to this conclusion.

Suppose a sampling space has things a b and c twice draw

Suppose a sampling space has things a, b, and c. Twice draw from the sample space and replace. The possible sequence formed are {aa,ab,ac,ba,bb,bc,cacb,cc}. Now suppose there are Y different things. There are Y ways the ...

A gambler plans to play the casino dice game called craps

A gambler plans to play the casino dice game called craps, and he plans to place a bet on the "pass line." Let A be the event of winning. Based on the rules used in almost all casinos, P(A) = 244/495. Describe the event ...

Perform a conversion to compare costs between the two

Perform a conversion to compare costs between the two programs below, to find out which is the more expensive program. Program A: estimated cost in constant FY13 dollars: $16M Program B: estimated cost in constant FY19 d ...

You have graduated from college but unfortunately have

You have graduated from college but unfortunately have $33,000 in outstanding loans. The loans require monthly payments of $3,700, which covers interest and principal repayment (that is, the loan has the same basic featu ...

A potato chip bag filling line is supposed to fill bags

A potato chip bag filling line is supposed to fill bags with 10 ounces of potato chips(by weight). The line exhibits a historical process standard deviation of .8 ounces. If chips bags are filled in lots of 20, make a 95 ...

In a survey ofnbsp3153nbspadultsnbsp1407nbspsay they have

In a survey of 3153 adults, 1407 say they have started paying bills online in the last year. Construct a? 99% confidence interval for the population proportion. Interpret the results. A? 99% confidence interval for the p ...

Question 1 find the area between -88 standard deviations

Question 1: Find the area between .-88 standard deviations below the mean and 2.35 standard deviations above the mean. '88=.3106 and 2.3=.4906 Both figures are added .3106+.4906= .8012 which is 80.12% Question 2: The are ...

Jennifers broker has shown her two options in the

Jennifer's broker has shown her two options in the securities market for investment. Security one is a bond of par value of $1,000. The bond has a coupon interest rate of 11% paid annually maturing in seven years, with y ...

  • 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