Provide guidelines to potential customers

Assignment Help Basic Statistics
Reference no: EM131045186

The manufacturer of a laser printer reports the mean number of pages a cartridge will print before it needs replacing is 12,250. The distribution of pages printed per cartridge closely follows the normal probability distribution and the standard deviation is 770 pages. The manufacturer wants to provide guidelines to potential customers as to how long they can expect a cartridge to last.

How many pages should the manufacturer advertise for each cartridge if it wants to be correct 95 percent of the time? (Round z value to 2 decimal places. Round your answer to the nearest whole number.)

Reference no: EM131045186

Questions Cloud

Probability of one finding a four-leaf clover : One in 10,000 clovers have four leaves instead of three. Therefore, how many clovers (minimum number) must be inspected such that the probability of one finding a four-leaf clover is .5 or more?
Direct common control and management : W. J. Howey Company and Howey-in-the-Hills Service, Inc., were Florida corporations under direct common control and management. Howey Company owned large tracts of citrus acreage in Florida. The service company cultivated, harvested, and marketed ..
Make a taxonomic key for all of these taxonomic groupings : Make a taxonomic key for all of these following Taxonomic groupings and specimens. You need 2 features per step and at least one must be a morphological feature.
Develop a frequency table and a relative frequency : Develop a frequency table and a relative frequency table to summarize this information.
Provide guidelines to potential customers : The manufacturer of a laser printer reports the mean number of pages a cartridge will print before it needs replacing is 12,250. The distribution of pages printed per cartridge closely follows the normal probability distribution and the standard d..
Calculate weighted average cost of capital of jones : Private equity investors are planning to provide financing to Jones Machinery and has approached your firm to perform a valuation assessment of Jones. Jones Machinery has 3 million shares outstanding and a target capital structure consisting of 30 pe..
Was the analysis provided by your classmate correct : For this discussion, select a game of chance, explain it briefly if it is likely to be unfamiliar to your classmates, then calculate probabilities of various outcomes like winning or losing in this game. For example, you might choose your state lo..
Penn state college of medicine students : There are 878 students at penn state's college of medicine in Hershey, PA. Of those 878 students, 408 are Pennsylvania residents. Thus, 46.5% of all Penn State college of Medicine students are Pennsylvania residents. This value 46.5% is a poplulat..
Technologies is using modified internal rate of return : Technologies Inc is using modified internal rate of return (MIRR) when evaluating projects. The company is able to reinvest cash flows received from the project at an annual rate of 9.70%. The initial outlay for the project is $496,600. Find the MIRR..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Computing t value and global f ratio

Is global F ratio significant? Identify this F ratio, and describe whether it is important.Is coefficient for X1 (productivity) significant?  How do you know?  Mention its t value and accompanying P-value.

  A poker hand consists of 5 cards chosen randomly from a

a poker hand consists of 5 cards chosen randomly from a standard 52 card deck.a find the chance that you are dealt a

  Determine whether metal lathe produce is properly adjusted

To determine whether a metal lathe that produces machine bearing is properly adjusted, a random sample of 36 bearings is collected and the diameter of each is measured.

  Find the probability that the one-year return of this stock

suppose that the annual rate of return for a common biotechnology stock is normally distributed with a mean of 5 and a

  A survey reported that 70 of those responding to a national

a survey reported that 70 of those responding to a national survey of college freshmen were interested in taking summer

  Standard deviations below and above the mean

According to the empirical rule, if the data from a "bell-shaped" normal distribution ______ percent of the observation will be contained between 2 standard deviations below the mean and 2 standard deviations above the mean.

  Find the probability distribution for x and display it in a

a system consists of 4 identical components where at least 3 components need to work for the system to work. each

  Describe the role and importance of listening skills in

describe the role and importance of listening skills in cross-cultural communication. how can these skills be learned

  Find the normalization constant

Find the Normalization constant, N, (b) the expectation value of the observables , (c) σo, and (d) the probability of finding the eigen value

  Create frequency table and histogram shape of distribution

Following are speeds of 40 cars clocked by radar on a particular road in a 35-mph zone on a particular afternoon; Make (a) a frequency table, (b) a histogram, and (c) a frequency polygon. Then describe the general shape of the distribution.

  Goodness of fit test for poisson distribution

In order to test the assumption of a Poisson distribution, a random sample of 150 ten-minute intervals was taken.

  What statistical test is most appropriate here

The listeners do not know which is playing, and the order has been determined randomly. Each person is asked to state which of the two performances he or she prefers. What statistical test is most appropriate here? Why?

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