Find time the employer allow employees to finish the job

Assignment Help Basic Statistics
Reference no: EM13154491

An employer wants to set a time limit so that 90% of the employees will finish a job on time. Past history has shown that the time required to do the job is normally distributed and has a mean time of 28 minutes with a standard deviation of 5 minutes. How much time should the employer allow employees to finish the job?

Reference no: EM13154491

Questions Cloud

What would have been the effect on social welfare : Suppose that the authorities had effectively prohibited price-gouging and somehow managed to ensure that their action had no effect on the quantity of ice in the area. What would have been the effect on social welfare?
What is the arithmetic mean selling price : The self-service prices for a sample of 15 retail outlets during Labor Day weekend of 2007 in the detroit, michigan area. What is the arithmetic mean selling price?
Determining initial cost of project : A project produces cash inflows of $8,300 a year for 4 years. The PI is 1.08 at a discount rate of 12.5 percent. What is the initial cost of the project?
Partial bond amortization schedule for the bonds : Discount-mart issued ten thousand $1000 bonds on January 1, 2009. They have a ten-year term and pay interest semiannually. This is the partial bond amortization schedule for the bonds.
Find time the employer allow employees to finish the job : The time required to do the job is normally distributed and has a mean time of 28 minutes with a standard deviation of 5 minutes. How much time should the employer allow employees to finish the job?
What would be the net change in real gdp per person : while average labor productivity increases at the same rate as it did during 1960-2009. Under this scenario, what would be the net change in real GDP per person between 2009 and 2058?
Journal entry to record the annual pension costs : There were no other pension related costs. The journal entry to record the annual pension costs will include a debit to pension expense for:
Recording the journal entry : Young corporation issued 2,000 shares of $25 par value common stock and 300 shares of 13% par value preferred stock for cash at par value. How do i record the journal entry?
What would the present discounted value of the project be : Now assume a 7% real discount rate. What would the present discounted value of the project be? Should the project still be approved under this discount rate?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Describe effect of outlier-extreme value-confidence interval

Change the last number from 257 to 61 and recalculate the confidence interval. Using the results, describe the effect of an outlier or extreme value on the confidence interval.

  How many randomly selected car owners must survey

If several years pass and you want to conduct a new survey to estimate the mean length of time that car owners plan t keep their cars, how many randomly selected car owners must you survey?

  Distinct natural number function

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?

  Probability to lose money or earn nothing from project

Assume the earnings from this investment project is a normal distribution. What is the probability that you will lose money or earn nothing from this project.

  Need to know about hypothesis

A new teaching tool developed by the Allied Health department is claimed to help 68% of students learn at a faster pace. State the null and alternate hypothesis if:

  Find probability woman will give birth to premature baby

Births with gestation time of 258 days or less are regarded to be premature births. Determine the probability that randomly selected pregnant woman will give birth to premature baby?

  Scatter plot and regression line

A scatter plot and regression line can be used for all of the following EXCEPT

  Percent of the sales representatives

What percent of the sales representatives earn more than $42,000 per year? What percent of the sales representatives earn between $32,000 and $42,000?

  What is the bonferroni adjustment

What is the Bonferroni adjustment? What would the Bonferroni adjustment be for a study with four groups for which a researcher decided to use t-tests?

  Solving problem by statistical process control method

This table gives three measurements of 10 samples made in a production run. Use statistical process control method to solve problem.

  Identify and interpret the p-value for the test

The underlying data are in file XR10033. Identify and interpret the p-value for the test. Using the 0.025 level of significance, what conclusion will be reached?

  Statistical significance-hypothesis testing

In the context of hypothesis testing regarding one mean, the test (Z or t) may be statistically significant at the 5% level, but not significant in a practical sense at all. Illustrate the meaning of this statement by citing 3 examples from any ar..

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