Households spend at least what amount on groceries

Assignment Help Business Management
Reference no: EM131695316

Greenlawn, Inc. receives its fertilizers in bags that are labeled 50-pound bags, and the manufacturer reports that the standard deviation in the fill amount is 1.1 pounds. As quality control manager, you want to make sure that you are getting what is being promised, so you take a sample of 30 bags. What is the probability that the average for these bags is more than 50.3 pounds? _______

Suppose you want to give the guys down on the shipping dock a number, such that if the average for the 30 bags is below this amount, they should reject the shipment, if the average is above this amount, they can accept the shipment. What value would you choose and why? 

 In a recent survey of households in Vermont, the head of the household was asked to estimate the amount of money the household spends weekly on groceries. The average expenditure was $134.27 with a standard deviation of $56.34. What is the probability that a randomly chosen households spends less than $100 or more than $200 on groceries? _________

15% of all households spend at least what amount on groceries? ________

Reference no: EM131695316

Questions Cloud

Determine the cournot equilibrium : There are only two firms,A and B, and each has a cost function TC = 2 + q. Determine the Cournot equilibrium.
What is the key managerial decision faced by hustream : What is the key managerial decision faced by HuStream?
Restaurant market in waltham : Explain why the restaurant market in Waltham is monopolistically competitive. How does Masao's differentiate itself?
Identify major trends in the general environment : identify major trends in the general environment, analyze their impact on the firm,
Households spend at least what amount on groceries : 15% of all households spend at least what amount on groceries? ________
Discuss a firm should look at other go-to-market strategies : So your analysis is that to differentiate, a firm should look at other go-to-market strategies
Factor intensity and factor abundance : (a) What is the difference between factor intensity and factor abundance?
What are four common causes of corporate failure : What are four common causes of corporate failure? Define what is meant by 'earnings' and outline why it is important to shareholders
Calculate the materials price and usage variances : Lata Inc., produces aluminum cans. Production of 12-ounce cans has a standard unit quantity of 4.5 ounces of aluminum per can.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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