Find probability that firm will break previous export record
Course:- Basic Statistics
Reference No.:- EM13149060

Assignment Help >> Basic Statistics

From past records about 40% of a firm's orders are for export. their records for export shows 48%in one particular financial quarter. if they expect to satisfy about 80 orders in the next financial quarter, what is the probability that they will break their previous export record?

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Basic Statistics) Materials
What outcome do you think would occur as a result? Suppose player 1 is permitted to "communicate" by uttering one syllable before the players simultaneously and independently
Discuss the importance of health care analytics and its possible contributions.- What are some of the challenges faced by the health care industry in the twenty-first century?
Determine the approximate values for the median, the first and third quartiles, and the range. Does the distribution appear to be skewed? If so, is it positively skewed or n
What is the probability that a randomly selected exam will have a score of at least 71? What percentage of exams will have scores between 89 and 92? If the top 2.5% of test sc
You construct a 90% confidence interval for the average stock price to be (267.348, 279.472). Of the following choices, what is the approporiate interpretation of this inter
calculate the net present value of these costs and benefits also calculate the overall return on investment of the project and then present a breakeven analysis , perform th
Select a well-designed sample of at least 30 units. (Describe the population to be studied and the sampling frame). Two variables should be measured with a potential for corre
Calculate s(k) for each natural number k from 1 through 15. Are the numbers SQRT(5), PI, and -6 in the domain of the function s? What is the domain of the function s?