Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

The monthly demand for a product is normally distributed, with a mean of 700 units and a standard deviation of 200 units. What is the probability that demand will be greater than 900 units for a month?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9112424

Have any Question?


Related Questions in Statistics and Probability

A company recently had 26 million shares outstanding

A company recently had 26 million shares outstanding trading at $45/share. The company announces its intention to raise $290M by selling new shares. What percentage of the value of the company's existing equity prior to ...

A coin is randomly picked from a collection of 10 coins the

A coin is randomly picked from a collection of 10 coins, the ith coin having a probabiliity i/10 of coming up heads. The coin in then flipped repeatedly until a head appears. Let X be the number of flips necessary. Find ...

According to the national health interview survey 47 of us

According to the national health interview survey, 4.7% of U.S adults 50 and older have had a total knee replacement. A random sample of 20 adults 50 and older has been selected. Use the Poisson distribution to approxima ...

Determine the minimum sample size required when you want to

Determine the minimum sample size required when you want to be 98% confident that the sample mean is within two units of the population mean. Assume a standard deviation of 4.82 in a normally distributed population.

How do you calculate true population proportion if your

How do you calculate true population proportion if your defective sample is too small? For example, if you have 50 and defect is 4. Please look below for more details

In families with four children youre interested in the

In families with four children, you're interested in the probabilities for the different possible numbers of girls in a family. Using theoretical probability (assume girls and boys are equally likely), compile a five-col ...

You have just received a windfall from an investment you

You have just received a windfall from an investment you made in a? friend's business. She will be paying you$37,748 at the end of this? year, $75,496 at the end of next? year, and $113,244 at the end of the year after t ...

1 given the following capital project datacost of

1. Given the following capital project data Cost of automation system (invoice):$730,000 Transportation and installation:$140,000 Training:$100,000 Firm's WACC:9% Firm's tax rate:35% Depreciation 5 years, straight line L ...

The number of defective items produced by a machine in a

The number of defective items produced by a machine in a large factory follows a Poisson distribution with a rate of λ=1.5 per day. What is the probabilityThe machine produces exactly zero defective items on exactly two ...

Let random variable x represent the number of heads when a

Let random variable x represent the number of heads when a fair coin is tossed two times.  (a) Construct a table describing the probability distribution.   x P(x) 0  1  2   (b) Determine the mean and standard deviation o ...

  • 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