Find the probability that the daily output will exceed

Assignment Help Business Management
Reference no: EM131226110

The daily output of a production line varies according to a normal distribution with a mean (µ ) of 163 units and a standard deviation (σ ) of 3.5.Find the probability that the daily output will fall below 160 units.

Find the probability that the daily output will exceed 170 units.

  • What proportion of the output will fall between 160 and 165 units?
  • The production manager wants to tell his boss, "80% of the time our production is at least X units." What number should he use for X?

Reference no: EM131226110

Questions Cloud

Find the sending-end voltage and current : The 765-kV 3φ line is 400 mile long and delivers 100 MW at 750 kV at 95% power factor lagging. Find the sending-end voltage and current and the transmission efficiency. Use the long-line model. Series impedance z = 0.02 + j0.54?/mi, shunt admittan..
Secondary market for t bills : Secondary Market for T-Bills:- Describe the activity in the secondary T-bill market. How can this degree of activity benefit investors in T-bills?
How can investors using the primary t bill market : How can investors using the primary T-bill market be assured that their bid will be accepted?- Why do large corporations typically make competitive bids rather than noncompetitive bids for T-bills?
Comments on ideas attached to the creative arts : I need 17 Comments with ideas attached to the creative arts. Don't have to be long. but should with complete ideas. Some of the topics we covered in class are- so you will get an idea of the type of comments.
Find the probability that the daily output will exceed : The daily output of a production line varies according to a normal distribution with a mean (µ ) of 163 units and a standard deviation (σ ) of 3.5.Find the probability that the daily output will fall below 160 units. Find the probability that..
Develop a matrix using the formula as part of your example : You explain to your staff that they will be responsible to calculate the annual loss expectancy (ALE) of assigned risks. Your staff looks at you bewildered, so you need to explain the formula to them and how to use it.
Prepare scott tracys 2016 income tax return : Apply technical and technological skills appropriate and effective for real world business purposes and contexts - effective collaboration across diverse purposes and contexts.
Impact of ecb response to greece crisis : How did the debt repayment problems in Greece affect creditors from other countries in Europe? -  How did the ECB's stimulative monetary policy affect the Greek crisis?
What is the probability of a wait : What is the probability that this person has to wait between 5 and 10 minutes for the next bus? What is the probability of a wait of at least 12 minutes? Determine the expected waiting time and variance of waiting times.

Reviews

Write a Review

Business Management Questions & Answers

  Distribution centers relocating to second tier cities

Distribution centers relocating to second tier cities - Explain the reasons many distribution centers are relocating to second tier interior cities.

  Pay for performance systems

Pay for performance systems - explain what is considered factors leading to successful pay for performanc

  What environmental as well as technological factors

What environmental as well as technological factors would influence my decision? The point that the IT department is being underutilized is a huge problem as well as needs to be addressed immediately.

  What will be the expected market price of the stock

Evaluate what will be the expected market price of the stock and also show how the equity section of the balance sheet will change.

  Demographic and psychographic data

What demographic and Psychographic data is used within your industry in an effort to understand and serve the needs of consumers?

  Explain is training always an effective solution

Explain Is training always an effective solution and Why or why not also What evidence supports the main point?

  Capable of purchase the company''s stock

If an organization has a profit-sharing plan in which top executives are capable of purchase the company's stock at a discount

  Closest whole percentage point

You want to increase your base prices by exactly enough to offset your bank interest cost. To the closest whole percentage point, by how much should you raise your product prices?

  Right versus right moral dilemma or right versus wrong

Read the Lake Pleasant case after you have completed the reading for the week. Answer the following questions for the case in your initial discussion post

  The resource-based model of above average returns

Describe Coca Colas competitive advantage using the resource-based model of above average returns.

  Explain what are four small business opportunities

Explain What are four small business opportunities that need to be considered when starting a new business?

  What is the purpose of a performance management system

Appraising employee performance on a regular basis has an important influence on an employee’s performance. Coaching is an ongoing task that gives employees instruction and suggestions. Promotion of employees is generally based on recognition of past..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd