Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

The times it takes workers to complete a task at a certain assembly plant are normally distributed with mean = 10 minutes and standard deviation = 2 minutes. What is the probability that in a random sample of 8 workers, more than 6 will complete the task in less than 10 minutes? Round your answer to 4 decimal places.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9358817

Have any Question?


Related Questions in Statistics and Probability

How to calculate the sample space problem consider the

How to calculate the sample space? Problem: Consider the experiment of drawing two cards from a deck in which all picture cards have been removed and adding their values (with ace = 1)

Thinking specifically about disney theme parks how does

Thinking specifically about Disney theme parks, how does Disney connect with the target market? What are some of the challenges associated with Disney theme parks? Use examples.

Yu obtain a 250000 mortgage loan from bank of

You obtain a $250,000 mortgage loan from Bank of Montreal to buy a house. The mortgage has a 5-year fixed rate of 4%/year (using Canadian mortgage convention), and the amortization period of the mortgage is 20 years. (b) ...

A study shows that 81 of the population of all calculus

A study shows that 81% of the population of all calculus students consider calculus an exciting subject. Suppose 34 students are independently selected from the population. If the true percentage is really 81%, find the ...

In 20 of families the father has celiac disease event f

In 20% of families the father has celiac disease (Event F) while the mother does not, in 15% of families the mother has celiac disease (Event M) and the father does not, and in 5% of families both the mother and the fath ...

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. Assume that the first cash flow will occur one year from today (that is, at t = 1). (Round your answer ...

A rainstorm in portland oregon wiped out the electricity

A rainstorm in Portland, Oregon, wiped out the electricity in 10% of the households in the city. Suppose that a random sample of 70 Portland households is taken after the rainstorm. Estimate the number of households in t ...

1 what is the price of a semiannual 1000 par value bond

1) What is the price of a semiannual $1,000 par value bond with four years left until maturity that pays a coupon of 3.75% and is yielding 5.25%? What would it be yielding if the price decreased to $973.47? Assume semian ...

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 fish tank in a pet store has 23 fish in it 11 are orange

A fish tank in a pet store has 23 fish in it. 11 are orange and 12 are white. Determine the probability that if we select 4 fish from the tank, at least 2 will be white.

  • 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