To avoid having dissatisfied customers the company says a, Ask an Expert

Statistics

A company produces packets of soap powder labeled "Giant Size 32 Ounces." The actual weight of soap powder in such a box has a normal distribution with a mean of 33 oz. and a standard deviation of 0.4 oz. To avoid having dissatisfied customers, the company says a box of soap is considered underweight if it weighs less than 32 oz. To avoid losing money, it labels the top 5% (the heaviest 5%) overweight. How heavy does a box have to be for it to be labeled overweight? Round your answer to the nearest hundredth.

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9123597

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

How could legislation impact on operations within your

How could legislation impact on operations within your organisation in relation to innovation, project management, and operational planning? Briefly outline any relevant requirements (e.g. intellectual property, WHS).

The weights of ice cream cartons are normally distributed

The weights of ice cream cartons are normally distributed with a mean weight of 20 ounces and a standard deviation of 0.5 ounces. You randomly select 25 cartons. What is the probability that their mean weight is greater ...

Question a gamble is said to be fair if each player has the

Question: A gamble is said to be fair if each player has the same expected outcome. Suppose we play a game in which the first of two players receives $50 each time the roll of a balanced die comes up with a 1 or 6. Playe ...

For the given cash flows below assume the cash flow is the

For the given cash flows below, assume the cash flow is the same in the next 2 years. Compute the NPV for each project, and compute the incremental IRR. Compare and explain why NPV always gives the correct decision. ...

You buy 200 shares of stock at 500 per share you receive

You buy 200 shares of stock at $5.00 per share. You receive one dividend of 20 cents per share. You sell the stock two years later for $6.00 a share. Fee for selling the stock online is $15.

Assume that when adults with smartphones are randomly

Assume that when adults with smartphones are randomly? selected, 42?% use them in meetings or classes. If 7 adult smartphone users are randomly? selected, find the probability that at least 5 of them use their smartphone ...

You are the foreman of the bar-s cattle ranch in colorado a

You are the foreman of the Bar-S cattle ranch in Colorado. A neighboring ranch has calves for sale, and you are going to buy some calves to add to the Bar-S herd. How much should a healthy calf weigh? Let x be the age ...

John plans to take three suits on his business trip if john

John plans to take three suits on his business trip. If John owns 8 suits, how many ways can the 3 suits be selected?

You are working for a large corporation and oversee a

You are working for a large corporation and oversee a marketing research project. For this study, your questionnaire length is 10 minutes and the incidence is 35%, yielding a CPI is $23.00. Your company requires all rese ...

Butterfly tractors had 1850 million in sales last year cost

Butterfly Tractors had $18.50 million in sales last year. Cost of goods sold was $8.90 million, depreciation expense was $2.90 million, interest payment on outstanding debt was $1.90 million, and the firm's tax rate was ...

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

Recent Questions

Ask Statistics and Probability Expert