Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Applied Statistics Expert

The average pay per hour for an employee in the packaging and shipping department of XYZ Corporation is $12.88 with a standard deviation of $0.95. Assume normal distribution applies

Compute the pay per hour which the top 5% of the employees make that much or more.

  1. $13.23
  2. $14.44
  3. $9.86
  4. $15.17

What is the probability that an employee's pay is $12.88 per hour?

  1. 0
  2. 0.50
  3. Greater than 0.5
  4. Higher than 0, but less than 0.5

Demand for a product is normally distributed with mean demand equal to 200 units. There is a 0.95 probability that demand for this produce is between 180 to 220 units. Estimate the probability that demand for this product will exceed 195 units?

  1. 0.228
  2. 0.438
  3. 0.688
  4. 0.189

 

Applied Statistics, Statistics

  • Category:- Applied Statistics
  • Reference No.:- M91254120
  • Price:- $30

Guranteed 24 Hours Delivery, In Price:- $30

Have any Question?


Related Questions in Applied Statistics

Linear project instructions -curve-fitting project - linear

Linear Project instructions - Curve-fitting Project - Linear Model For this assignment, collect data exhibiting a relatively linear trend, find the line of best fit plot the data and the line, interpret the slope, and us ...

Business analytics and statistics research reportthis

Business Analytics and Statistics Research Report This assignment is based on fictional data. You are creating a business report for the CEO of a retail company called, Athlete Panda. It must be professional in presentat ...

Assignment - research topicpurpose the purpose of this task

Assignment - Research topic Purpose: The purpose of this task is to ensure you are progressing satisfactorily with your research project, and that you have clean, useable data to analyse for your final project report. Ta ...

Assignment -in this assignment ms excel must be used to

Assignment - In this assignment MS Excel must be used to perform any calculations/graphical presentations as required in this assignment. Question 1 - Below you are given the examination scores of 20 students (data set a ...

Go to the institute for healthcare improvement ihi website

Go to the Institute for Healthcare Improvement (IHI) website for their Improvement Map (URL located in the Webliography). Select an improvement process of your choice. Present at least 3 quality paragraphs to the class a ...

Question onea a factory manager claims that workers at

QUESTION ONE (a) A factory manager claims that workers at plant A are faster than those at plant B. To test the claim, a random sample of times (in minutes) taken to complete a given task was taken from each of the plant ...

Business data analysis facts from figures assignment

BUSINESS DATA ANALYSIS: FACTS FROM FIGURES Assignment - Question 1 - Private capital expenditure for 12 successive quarters are presented in the following table: Quarter Millions     1 31,920 2 25,120 3 30,350 4 24,650 5 ...

You are expected to work in groups and write a research

You are expected to work in groups and write a research report. When you work on your report, you need to use the dataset, and other sources such as journal articles. If you use website material, please pay attention to ...

Business statistics assignment -the purpose of this

Business Statistics Assignment - The purpose of this assignment is to improve your understanding in choosing between and using methods to assess the relationship between variables and make comparisons across different se ...

Applied statistics homework project -download the data

Applied Statistics Homework Project - Download the data twoGenes.sav from the Week Four content area of brightspace. Each row represents data from a different sample of yeast RNA expression. The data represent the log2 f ...

  • 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